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Foreign Acquisitions and Takeovers Act 1975

No. 92, 1975

Compilation No. 34

Compilation date: 11 December 2024

                Includes amendments: Act No. 136, 2024

About this compilation

This compilation

This is a compilation of the Foreign Acquisitions and Takeovers Act 1975 that shows the text of the law as amended and in force on 11 December 2024 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Preliminary
Division 1—Preliminary
1 Short title
2 Commencement
3 Simplified outline of this Act
Division 2—Definitions
Subdivision A—Dictionary of definitions
4 Dictionary of definitions
Subdivision B—Some defined terms and rules of interpretation
5 Meaning of ordinarily resident
6 Meaning of associate
7 Meaning of independent director
8 Meaning of Australian business
8A Meaning of starts a national security business
8B Meaning of starts an Australian business
9 Meaning of interest in a security
10 Meaning of interest in an asset
11 Meaning of interest in a trust
11A Meaning of interest in an unincorporated limited partnership
12 Meaning of interest in Australian land
13 Interests that are remote or subject to restraint etc.
14 Interests held or acquired jointly
15 Interests acquired by entering agreements or acquiring options
16 Meaning of proposes to take certain action
16A Meaning of interest of a specified percentage in a business
17 Meanings of interest and aggregate interest of a specified percentage in an entity or unincorporated