Document ID: chunk:federal_register_of_legislation:C2005C00021:clause:5_17e
Version: federal_register_of_legislation:C2005C00021
Segment Type: clause
Provision Reference: sch 5 cl 17E
Character Range: 123884–124889

17E  Prescribed foreign investor

 (1) An entity is a prescribed foreign investor if:
 (a) the conditions specified in the regulations are satisfied in relation to the entity; and
 (b) the entity is not a foreign government investor.

 (2) The conditions specified in the regulations for the purposes of subsection (1) may include any or all of the following kinds of conditions:
 (a) a condition that the entity be a national of a specified foreign country;
 (b) a condition that the entity be incorporated under the law of a specified foreign country, or a specified part of a foreign country;
 (c) a condition that the entity be constituted or organised under the law of a specified foreign country, or a specified part of a foreign country.

Note: For specification by class, see subsection 13(3) of the Legislative Instruments Act 2003.

 (3) Subsection (2) does not limit the regulations that may be made for the purposes of subsection (1).

 (4) In this section:

entity includes an individual.