CTHIn ForceAct
Foreign Acquisitions and Takeovers Act 1975
43Meaning of significant action—land
Start here
Get a plain-English read of 43
Turn the raw legal text into a practical explanation grounded in Foreign Acquisitions and Takeovers Act 1975.
#### 43 Meaning of significant action—land
An action is a significant action if:
(a) the action is for a foreign person to acquire an interest in Australian land; and
(b) the threshold test is met in relation to the land (see Subdivision B of Division 4).
> Note: Certain acquisitions of land by foreign persons may not be significant actions (see section 45).