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Second Reading Speeches

Foreign Acquisitions and Takeovers Amendment (Strategic Assets) Bill 2016

Type
Private
Sponsor(s)
KATTER, Bob, Jnr, MP
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
45

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Summary

Amends the

Foreign Acquisitions and Takeovers Act 1975
to prevent foreign persons or entities from acquiring a 10 per cent or greater interest in Australian land, water or other assets that are of strategic economic or strategic defensive significance to Australia.