Foreign Acquisitions and Takeovers (Manner of Notification and Application) Amendment (2025 Measures No. 1) Approvals 2025
I, Paul Miszalski, Acting Assistant Secretary, Practice and Systems Branch, Foreign Investment Division, Department of the Treasury, delegate of the Secretary to the Treasury, approve the following manners for giving notices or making applications under the Foreign Acquisitions and Takeovers Act 1975.
Dated 21 February 2025
Paul Miszalski
Acting Assistant Secretary
Practice and Systems Branch
Foreign Investment Division
Department of the Treasury
Part 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Schedules
Schedule 1—Amendments
Foreign Acquisitions and Takeovers (Manner of Notification and Application) Approvals 2025
This instrument is the Foreign Acquisitions and Takeovers (Manner of Notification and Application) Amendment (2025 Measures No. 1) Approvals 2025.
(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Commencement information | ||
Column 1 | Column 2 | Column 3 |
Provisions | Commencement | Date/Details |
1. The whole of the instrument | The later of: (a) 24 February 2025; and (b) the day after this instrument is registered. |
|
Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.
This instrument is made under the Foreign Acquisitions and Takeovers Act 1975.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
1 Section 4
Repeal the section.
2 Section 5 (after definition of build-to-rent development)
Insert:
Foreign Investment Portal means the web portal accessed by way of the “New Foreign Investment Portal” link on the webpage at www.foreigninvestment.gov.au.
3 Section 6 (table item 9)
Repeal the items, substitute:
9 | Notices required under a condition included in any of the following: (a) an exemption certificate made under any of the following provisions: (i) section 58 of the Act; (ii) sections 42, 43,43BA and 43BB of the Regulation; (b) a no objection notification (other than a no objection notification which relates only to interests in residential land); or (c) another notice imposing conditions (other than a notice which relates only to interests in residential land). | Through the Foreign Investment Portal. |
4 Section 6 (table item 11)
Omit “if the Treasury Application Portal is online and accepts the kind of notification—through the Treasury Application Portal”, substitute “through the Foreign Investment Portal”.
5 Section 6 (table item 13)
Repeal the item, substitute:
13 | Notices given for the purposes of subsections 98C(2), 98D(2) and 98E(3) of the Act. | Through the Foreign Investment Portal. |
6 Schedule 1
Repeal the Schedule.