CTHIn ForceLegislation
Foreign Acquisitions and Takeovers Regulation 2015
54Simplified outline of this Part
Start here
Get a plain-English read of 54
Turn the raw legal text into a practical explanation grounded in Foreign Acquisitions and Takeovers Regulation 2015.
#### 54 Simplified outline of this Part
Sections 44 (meaning of significant action) and 48 (meaning of notifiable action) of the Act allow this regulation to prescribe additional significant actions and notifiable actions.
The threshold test, and the requirement for a change in control, set out in the Act do not apply in relation to actions prescribed under this Division.
The additional significant actions prescribed by this Part relate to Australian media businesses and acquisitions by foreign government investors.
Division 3 prescribes additional matters in relation to the significant actions and notifiable actions prescribed by this Part and in relation to exemption certificates.