Commonwealth Numbered Regulations

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FOREIGN ACQUISITIONS AND TAKEOVERS AMENDMENT REGULATIONS 2006 (NO. 3) (SLI NO 364 OF 2006)

- Registered on FRLII: 13 December 2006 03:50:14 PM
- Department:Treasury
- Description:These Regulations amend the Foreign Acquisitions and Takeovers Regulations 1989 to update certain exemption thresholds for certain US investors to A$100 million (indexed) and A$200 million for certain foreign offshore takeovers where the target company has less than A$200 million of assets in Australia and more than 50% of its total assets overseas.

TABLE OF PROVISIONS

   1.      Name of Regulations  
   2.      Commencement  
   3.      Amendment of Foreign Acquisitions and Takeovers Regulations 1989  
           SCHEDULE 1 Amendments


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