{"id":"F2023L00771","name":"Foreign Acquisitions and Takeovers (Register Notices) Data Standard 2023","slug":"foreign-acquisitions-and-takeovers-register-notices-data-standard-2023","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":441934,"registerId":"F2023L00771-fast-fetch-1775957093045","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Foreign Acquisitions and Takeovers (Register Notices) Data Standard 2023","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 22.10.0\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![Commonwealth Coat of Arms of Australia](image.001.jpeg)\n\n \n\nForeign Acquisitions and Takeovers (Register Notices) Data Standard 2023\n\nI, Chris Jordan, Commissioner of Taxation in my capacity as Registrar, make the following instrument.\n\nDated 11 May 2023\n\nChris Jordan\n\nRegistrar\n\n \n\n \n\n \n\nContents\n\n1  Name\n\n2  Commencement\n\n3  Authority\n\n4  Definitions\n\n5  Giving a register notice\n\n6  Information or documents that must accompany a register notice\n\n7  Combining register notices\n\n8  Correction of information held by the Registrar\n\n9  Communication with the Registrar\n\n10  Requirement for signed declaration\n\n11  Compliance with data standard\n\n \n\n1  Name\n\n  This instrument is the Foreign Acquisitions and Takeovers (Register Notices) Data Standard 2023.\n\n2  Commencement\n\n (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.\n\n \n\n- Commencement information\n- Column 1 Column 2 Column 3\n- Provisions Commencement Date/Details\n- 1. The whole of this instrument The later of: a) the day after it is registered; and b) the day after Part 2 of Schedule 3 to the Foreign Investment Reform (Protecting Australia’s National Security) Act 2020 commences.\n\n\nNote: This table relates only to the provisions of this instrument as originally made.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.\n\n (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.\n\n3  Authority\n\n  This instrument is made under subsection 130ZZ(1) of the Act.\n\n4  Definitions\n\nNote: A number of expressions used in this instrument are defined in section 4 of the Act, including the following:\n\n(a) constituent document;\n\n(b) foreign person;\n\n(c) registered circumstance;\n\n(d) register notice;\n\n(e) registrable event day;\n\n(f) registrable water interest;\n\n(g) significant agreement.\n\n  In this instrument:\n\nAct means the Foreign Acquisitions and Takeovers Act 1975.\n\nANZSIC code means Australian and New Zealand Standard Industrial Classification code.\n\nregistrable interest means an interest to which Division 3 of Part 7A of the Act applies.\n\n5  Giving a register notice\n\n (1) A register notice must be given via the electronic platform made available by the Registrar.\n\n (2) If the information cannot be provided via that electronic platform, the Registrar may allow the information to be provided in another manner (such as via another electronic form).\n\nNote: Subsection 14(4) of the Legislation Act 2003 applies to any forms made under this subsection.\n\n6  Information or documents that must accompany a register notice\n\n (1) A person must provide information or documents to accompany a register notice when they are requested to do so by the Registrar.\n\nNote: The time at which the register notice is required to be given is set out in section 130W of the Act and may be extended under section 130Z of the Act.\n\n (2) Before or after a register notice has been given, the Registrar may request information or documents to accompany the notice to establish or verify:\n\n (a) the identity of:\n\n (i) relevant individuals, where the register notice is submitted by an individual, or a partnership involving individuals, or their agent;\n\n (ii) a company or trustee, where the register notice is submitted by the company or trustee, or their agent;\n\n (iii) an agent, and their authority to act on behalf of another person, where the register notice is submitted by the agent on behalf of another person; and\n\n (iv) a foreign person, where the register notice is submitted by the foreign person or their agent;\n\n (b) the reason for providing the register notice;\n\n (c) the date the registrable interest was acquired, or the registered circumstance came or ceased to exist;\n\n (d) the registrable event day;\n\n (e) the consideration paid for the registrable interest;\n\n (f) the percentage of the registrable interest held or owned;\n\n (g) for a registrable interest that is an interest in Australian land:\n\n (i) the land title details;\n\n (ii) the title holding type;\n\n (iii) the nature or type of the land (including whether it is commercial, residential or agricultural land);\n\n (iv) the current and intended use of the land;\n\n (v) the location of the land;\n\n (vi) the size of the land; and\n\n (vii) information about any relevant lease;\n\n (h) for a registrable interest that is a registrable water interest:\n\n (i) water entitlement details;\n\n (ii) water licence details;\n\n (iii) the current and intended use of the water; and\n\n (iv) information about any relevant lease;\n\n (i) for a registrable interest that is an exploration tenement or a mining and production tenement:\n\n (i) tenement licence details;\n\n (ii) the relevant ANZSIC code;\n\n (iii) the relevant land size;\n\n (iv) the location of the tenement; and\n\n (v) information about any relevant lease;\n\n (j) for a registrable interest that is an interest in an Australian business or entity, or in the assets of an Australian business or entity:\n\n (i) the business or entity name;\n\n (ii) the business or entity identifier (such as the Australian Business Number or Australian Company Number);\n\n (iii) the relevant ANZSIC code;\n\n (iv) the main location of the business or entity;\n\n (v) the business structure and the industry sector of the business or entity; and\n\n (vi) the circumstances in which a significant agreement was entered into or terminated, or a constituent document was altered.\n\nNote: Information collected under this data standard is “protected information” within the meaning of section 120 of the Act.\n\n7  Combining register notices\n\n  The Registrar may combine register notices given under Division 3 of Part 7A of the Act into a single notice.\n\n8  Correcting or updating information held by the Registrar\n\n (1) The Registrar may correct or update any information recorded or held in the Register if the Registrar has reason to believe that the information is incorrect or there is information missing.\n\n (2) A person must inform the Registrar if they believe there are errors in, or corrections are required to, information held in the Register.\n\n9  Communication with the Registrar\n\n (1) The Registrar will communicate electronically with:\n\n (a) a person who has provided information to the Registrar; and\n\n (b) any other person who is permitted by law to access information in relation to a register notice.\n\n (2) If a person referred to in subsection (1) is unable to communicate electronically, the Registrar may choose to communicate with them in another manner.\n\n10  Requirement for signed declaration\n\n  A person who submits a register notice must provide a signed declaration that:\n\n (a) they are the applicant, or authorised to act on behalf of the applicant, identified in the register notice; and\n\n (b) the information provided in the register notice is true and correct.\n\nNote 1: Section 10 of the Electronic Transactions Act 1999 applies in relation to a requirement under Commonwealth law for a person to provide a signature.\n\nNote 2: A person may commit an offence if they knowingly give false or misleading information or documents (see sections 137.1 and 137.2 of the Schedule to the Criminal Code Act 1995).\n\n11  Compliance with data standard\n\n  The Registrar may accept that a register notice meets the requirements of this data standard if the notice substantially complies with those requirements, or has only such variations that the Registrar considers appropriate having regard to the person’s circumstances.\n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"The instrument remains tightly focused on its original purpose: establishing the data standard for register notices under Part 7A of the Foreign Acquisitions and Takeovers Act 1975. It does not expand beyond procedural requirements for notification, verification, and communication."},"complexity_factors":["Short instrument with only 11 sections and straightforward procedural structure","Minimal defined terms (only 3 new definitions in section 4, plus references to existing Act definitions)","No nested conditional logic or exceptions to exceptions","Limited cross-referencing (primarily to the parent Act and standard Commonwealth legislation like the Criminal Code and Electronic Transactions Act)","Clear, prescriptive format with enumerated lists for required information (sections 6(2)(a)-(j))","Contains standard administrative flexibility provisions (substantial compliance, alternative communication methods) that are common across Commonwealth instruments"],"plain_english_summary":"This instrument sets rules for how foreign investors (or their agents) must notify the Registrar (Commissioner of Taxation) when acquiring registrable Australian assets. It requires an electronic register notice with identity, transaction and asset details and a signed declaration, and gives the Registrar powers to correct records or accept substantial compliance. It affects purchases of land, water, mining tenements and businesses and creates a standardised, transparent record for national security and policy; false information can incur criminal penalties."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"This instrument does not change who or what counts as a registrable interest under the Act. Made under subsection 130ZZ(1) of the Act (s3), it prescribes procedural and data requirements for giving register notices (format, supporting documents, declaration and communications) rather than altering substantive scope or creating new registrable events."},"complexity_factors":["Mandatory electronic lodging via the Registrar’s platform, with a discretionary alternate method (s5)","Broad, itemised supporting-data requests covering identity, consideration, percentages and sector/location details for land, water, tenements and businesses (s6(2)(a)–(j))","Registrar discretion to combine notices, correct register entries and accept substantial compliance (ss7, 8(1), 11)","Requirement for a signed declaration and criminal-offence notice for false information (s10 and notes)","Electronic-first communication rule with an exception for those unable to communicate electronically (s9)"],"plain_english_summary":"This instrument sets the format and supporting information required when giving register notices under the Foreign Acquisitions and Takeovers Act. It requires notices to be submitted via the Registrar’s electronic platform (with limited exceptions), allows the Registrar to request documents to verify identity and details of registrable interests, requires a signed declaration, permits the Registrar to combine notices, correct records and communicate electronically, and allows substantial compliance to suffice. It matters to foreign persons, agents, businesses, and holders of Australian land, water or tenement interests who must report changes."},"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/foreign-acquisitions-and-takeovers-register-notices-data-standard-2023","history":"/api/acts/foreign-acquisitions-and-takeovers-register-notices-data-standard-2023/history","analysis":"/api/acts/foreign-acquisitions-and-takeovers-register-notices-data-standard-2023/analysis","conflicts":"/api/acts/foreign-acquisitions-and-takeovers-register-notices-data-standard-2023/conflicts","importantCases":"/api/acts/foreign-acquisitions-and-takeovers-register-notices-data-standard-2023/important-cases","documents":"/api/acts/foreign-acquisitions-and-takeovers-register-notices-data-standard-2023/documents"}}