Foreign Acquisitions and Takeovers Amendment Regulations 2022
01 Apr 2022
On 1 April 2022, the Foreign Acquisitions and Takeovers Amendment Regulations 2022 came into effect (the Regulations). The Regulations, which amend the Foreign Acquisitions and Takeovers Regulation 2015, clarify certain aspects of the foreign investment review framework and streamline the process for certain less sensitive types of investment. The Regulations are intended, inter alia, to reduce the regulatory burden for foreign investors that engage in moneylending, invest in unlisted land entities or Australian media businesses, acquire shares or units under rights issues and other pro-rata offers, or transact on behalf of institutional investors as part of a custodian service (through amendments that refine the rules for the notification of these kinds of foreign investments, including raising thresholds and providing broader exemptions from foreign investment screening).
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Type:
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Promotion and facilitation (Investment facilitation )
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Industry:
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Not industry specific
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Services (Publishing, audiovisual and broadcasting activities, Real estate activities)
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Sources:
