Foreign Acquisitions and Takeovers Legislation Amendment Act 2015 (Cth)

Foreign Acquisitions and Takeovers Legislation Amendment Act 2015

No. 150, 2015

An Act to amend the law relating to foreign acquisitions and takeovers, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Main amendments Foreign Acquisitions and Takeovers Act 1975 Schedule 2—Amendments contingent on the Acts and Instruments (Framework Reform) Act 2015 Foreign Acquisitions and Takeovers Act 1975 Schedule 3—Application and transitional provisions for Schedules 1 and 2 and Fees Imposition Act Schedule 4—Amendments of confidentiality provisions Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006 Income Tax Assessment Act 1997 Taxation Administration Act 1953 Schedule 5—Sunset provision for the Register of Foreign Ownership of Agricultural Land Act 2015 Register of Foreign Ownership of Agricultural Land Act 2015

Foreign Acquisitions and Takeovers Legislation Amendment Act 2015 No. 150, 2015

An Act to amend the law relating to foreign acquisitions and takeovers, and for related purposes

[Assented to 25 November 2015]

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Foreign Acquisitions and Takeovers Legislation Amendment Act 2015.

2 Commencement (1) Each provision of this Act 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. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 25 November 2015 2. Schedule 1 1 December 2015. 1 December 2015 3. Schedule 2 Immediately after the commencement of Schedule 1 to the Acts and Instruments (Framework Reform) Act 2015. 5 March 2016 4. Schedules 3 and 4 1 December 2015. 1 December 2015 5. Schedule 5 The later of: 1 December 2015 (a) the start of the day after this Act receives the Royal Assent; and (paragraph (b) applies) (b) immediately after the commencement of the Register of Foreign Ownership of Agricultural Land Act 2015.