Foreign Acquisitions and Takeovers Legislation Amendment Regulations 2009 (No. 2)¹

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Foreign Acquisitions and Takeovers Act 1975.

Dated 4 June 2009

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

CHRIS BOWEN

Contents

                        1      Name of Regulations                                                        2

                        2      Commencement                                                              2

                        3      Amendment of Foreign Acquisitions and Takeovers Regulations 1989 2

                        4      Amendment of Foreign Acquisitions and Takeovers (Notices) Regulations 1975           2

Schedule 1                 Amendment of Foreign Acquisitions and Takeovers Regulations 1989      3

Schedule 2                 Amendments of Foreign Acquisitions and Takeovers (Notices) Regulations 1975  4

1              Name of Regulations

                These Regulations are the Foreign Acquisitions and Takeovers Legislation Amendment Regulations 2009 (No. 2).

2              Commencement

                These Regulations commence on the day after they are registered.

3              Amendment of Foreign Acquisitions and Takeovers Regulations 1989

                Schedule 1 amends the Foreign Acquisitions and Takeovers Regulations 1989.

4              Amendment of Foreign Acquisitions and Takeovers (Notices) Regulations 1975

                Schedule 2 amends the Foreign Acquisitions and Takeovers (Notices) Regulations 1975.

Schedule 1        Amendment of Foreign Acquisitions and Takeovers Regulations 1989

(regulation 3)

[1]           Regulation 2, definition of spouse

substitute

spouse, in relation to a person, includes a de facto partner of the person within the meaning of the Acts Interpretation Act 1901.

Schedule 2        Amendments of Foreign Acquisitions and Takeovers (Notices) Regulations 1975

(regulation 4)

[1]           Subregulation 4 (1)

omit

the Schedule

insert

Schedule 1

[2]           Subregulation 4 (2)

omit

the Schedule

insert

Schedule 1

[3]           Subregulation 4 (3)

substitute

         (3)   The prescribed form of notice for section 26A of the Act is:

                (a)    unless paragraph (b) or (c) applies — Form 3 in Schedule 1; and

               (b)    if a natural person acquires an interest in Australian residential land — Form 4 in Schedule 1; and

                (c)    if a company or trust estate acquires an interest in Australian residential land — Form 5 in Schedule 1.

[4]           Schedule, heading

substitute

Schedule 1        Forms

(regulation 4)

[5]           Schedule, Forms 3 and 4

substitute

Form 3               Notice under section 26A of the Act

(paragraph 4 (3) (a))

Form 4    Notice under section 26A of the Act

(paragraph 4 (3) (b))

Form 5               Notice under section 26A of the Act

(paragraph 4 (3) (c))

Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.