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Foreign Acquisitions and Takeovers Amendment Regulations 2010 (No. 2)

Authoritative Version
  • - F2010L01314
  • No longer in force
SLI 2010 No. 104 Regulations as made
These Regulations amend the Foreign Acquisitions and Takeovers Regulations 1989 to remove an exemption that currently applies to temporary residents buying residential real estate in Australia. This ensures that temporary residents need to notify the Treasurer before buying residential real estate in Australia.
Administered by: Treasury
Registered 25 May 2010
Tabling HistoryDate
Tabled HR27-May-2010
Tabled Senate15-Jun-2010
Date of repeal 09 Aug 2013
Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013

Foreign Acquisitions and Takeovers Amendment Regulations 2010 (No. 2)1

Select Legislative Instrument 2010 No. 104

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 20 May 2010

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

NICK SHERRY

1              Name of Regulations

                These Regulations are the Foreign Acquisitions and Takeovers Amendment Regulations 2010 (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.

Schedule 1        Amendments

(regulation 3)

 

[1]           Sub-subparagraph 3 (v) (iv) (B)

omit

interest;

insert

interest.

[2]           Paragraph 3 (w)

omit

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.