Foreign Acquisitions and Takeovers (Notices) Regulations 1975 (Cth)
made under the
This compilation was prepared on 6 June 2009
taking into account amendments up to SLI 2009 No. 104
Prepared by the Office of Legislative Drafting and Publishing,
Attorney‑General’s Department, Canberra
These Regulations are the
Foreign Acquisitions and Takeovers (Notices) Regulations 1975 .
These Regulations shall come into operation on the date of commencement of the Act.
In these Regulations,
the Act means theForeign Acquisitions and Takeovers Act 1975 .
(1) The prescribed form of notice under section 25 of the Act is Form 1 in Schedule 1.
(2) The prescribed form of notice under section 26 of the Act is Form 2 in Schedule 1.
(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.
Where a corporation furnishes a notice under section 25 of the Act stating that:
(a) the corporation proposes to enter into an agreement, being an agreement in relation to the affairs of the corporation;
(b) the corporation proposes to enter into or terminate an arrangement, being an arrangement in relation to an Australian business of the corporation;
(c) the corporation proposes issue shares; or
(d) it is proposed to alter a constituent document of the corporation;
the corporation shall annex to the notice a copy of the balance sheet and a copy of the profit and loss account of the corporation for each period in relation to which a profit and loss account of the corporation has been laid before it in general meeting during the preceding four years.
Where a person furnishes:
(a) a notice under section 25 of the Act stating that the person proposes to enter into an agreement, being an agreement of the kind referred to in section 20 of the Act, or to enter into or terminate an arrangement, being an arrangement of the kind referred to in section 21 of the Act; or
(b) a notice under section 26 of the Act;
the person shall annex to the notice copies of all documents and other papers in the person’s possession or control relating to or evidencing the agreement or arrangement to which the notice relates.
Note See section 27 of the Act for compliance with forms.
Where a corporation furnishes a notice under section 25 of the Act stating that it is proposed to alter a constituent document of the corporation, the corporation shall annex to the notice a copy of that constituent document.
(1) A notice under section 25 or 26 of the Act furnished by a natural person shall be signed:
(a) if the person is not ordinarily resident in Australia — by that person or by his Australian agent; or
(b) in any other case — by the person furnishing the notice.
(2) A notice under section 25 or 26 of the Act furnished by a corporation shall be signed by a person authorized in writing by the corporation to sign the notice for and on behalf of the corporation.
Note See section 27 of the Act for compliance with forms.
(regulation 4)
(subregulation 4 (1) )
NOTICE UNDER SECTION 25
1. The person furnishing this Notice must annex
to the Notice such documents (if any) as are required under regulations 5, 6
and 7 of the
2. Where, in relation to any matter, the space provided in this Notice is insufficient to insert the required particulars, show the particulars in a separate annexure to this Notice.
3. This Notice must be signed in the manner
prescribed by regulation 8 of the
To the Treasurer,
Notice is given under section 25 of the
(a)
(1) ............................................................................................................... ,
being the person particulars in relation to whom are set out in Part I of this Notice,
– proposes (
or has an optionor proposes to acquire an option) to acquire shares in(2) being the corporation particulars in relation to which are set out in Part II of this Notice.
– proposes (
or has an optionor proposes to acquire an option) to acquire assets of an Australian business carried on by(3) ................................................................................... ,......... being the person particulars in relation to whom are set out in Part II of this Notice.
– proposes to enter into an agreement with
(4 ) ........................................ ,in relation to the affairs of
(5) ....................................................................... being the corporation particulars in relation to which are set out in Part II of this Notice.
or
– proposes to enter into an agreement in relation to that person’s affairs with
(6) ......... being the person particulars of whom are set out in Part II of this Notice.
– proposes to enter into an arrangement (
or to terminate an arrangement entered into) with(7) being the person particulars in relation to whom are set out in Part11 of this Notice, in relation to an Australian business carried on by
(8)` .................................................................... ,
or
– proposes (
or has an optionor proposes to acquire an option) to acquire an interest in(9) ,being an interest in Australian urban land, the details of which are set out in Part II of this Notice.
– proposes to issue shares.
(b) it is proposed to alter a constituent document of
(10) .............................. ,
being the corporation particulars in relation to which are set out in Part I of this Notice.
Particulars
relating to the relevant shares (
The particulars specified in so much of Parts I, II and III of this Notice as is applicable in accordance with the directions relating to those Parts are, to the best of my knowledge, information and belief, true and correct.
Signed
by
Full name.......................................................................................................
(2) Insert name of corporation in which person giving notice proposes to acquire shares.
(5) Insert name of Australian corporation to the affairs of which the agreement relates.
(11) To be signed by a natural person giving notice or his or her Australian agent (if natural person not ordinarily resident in Australia) or person authorised in writing to sign this Notice on behalf of a corporation or trust estate.
PART I
PARTICULARS RELATING TO PERSON GIVING NOTICE
1. Division 1 of this Part is to be completed where the person giving notice is a natural person.
2. Division 2 of this Part is to be completed where the person giving notice is a corporation.
3. Division 3 of this Part is to be completed where the person giving notice is a trustee.
DIVISION 1
PARTICULARS RELATING TO NATURAL PERSON GIVING NOTICE
Full name.......................................................................................................
resident................................................................
Address in that country..................................................................................
Address for service in Australia....................................................................
State or Territory......................................................... Postcode...................
Telephone
No................................................................. (
Telex No............................................. Facsimile No.....................................
Particulars of Australian agent (if any):
Full name.......................................................................................................
Address..........................................................................................................
State or Territory......................................................... Postcode...................
Telephone
No ................................................................ (
Telex No.............................................. Facsimile No....................................
DIVISION 2
PARTICULARS RELATING TO CORPORATION GIVING NOTICE
Name of corporation......................................................................................
Place of incorporation....................................................................................
Address of Head Office.................................................................................
Address of registered office in Australia.......................................................
Address for service in Australia....................................................................
State or Territory ........................................................ Postcode...................
Telephone
No ................................................................ (
Telex No ............................................. Facsimile No....................................
If corporation giving Notice is an Australian subsidiary of a foreign corporation, give details of foreign person(s) holding a substantial shareholding in Australian corporation giving notice.
.......................................................................................................................
Particulars of
corporation’s * agent (
Full name.......................................................................................................
Title of principal officer................................................................................
Address..........................................................................................................
State or Territory......................................................... Postcode...................
Telephone
No................................................................. (
Telex No ............................................. Facsimile No....................................
* (
DIVISION 3
PARTICULARS RELATING TO TRUSTEE GIVING NOTICE
Name of trust.................................................................................................
Name of trustee..............................................................................................
Address of trustee..........................................................................................
Address for service in Australia....................................................................
State or Territory ........................................................ Postcode...................
Telephone
No ................................................................ (
Telex No ............................................. Facsimile No....................................
(
Particulars of Australian agent (if any):
Full name.......................................................................................................
Address..........................................................................................................
State or Territory........................................................ Postcode...................
Telephone
No ................................................................ (
Telex No............................................. Facsimile No....................................
PART II
PARTICULARS RELATING TO PERSONS OTHER THAN PERSON GIVING NOTICE
1. Where the person giving notice states that the person proposes to acquire shares in a corporation, Division 2 of this Part is to be completed in relation to that corporation.
2. Where the person giving notice states that the person proposes to acquire the assets of an Australian business:
(a) if the person carrying on the Australian business is a natural person — Division 1 of this Part is to be completed in relation to that natural person; or
(b) if the person carrying on the Australian business is a corporation — Division 2 of this Part is to be completed in relation to that corporation.
3. Where the person giving notice states that the person proposes to enter into an agreement in relation to the affairs of an Australian corporation (not being the person giving notice) that carries on an Australian business, Division 2 of this Part is to be completed in relation to that corporation.
4. Where the person giving notice, being an Australian corporation that carries on an Australian business, states that it proposes to enter into an agreement with another person in relation to the affairs of the corporation:
(a) if that other person is a natural person — Division 1 of this Part is to be completed in relation to that natural person; or
(b) if that other person is a corporation — Division 2 of this Part is to be completed in relation to that corporation.
5. Where the person giving notice states that the person proposes to enter into an arrangement, or terminate an arrangement entered into, with another person in relation to an Australian business carried on by that other person:
(a) if that other person is a natural person — Division 1 of this Part is to be completed in relation to that natural person; or
(b) if that other person is a corporation — Division 2 of this Part is to be completed in relation to that corporation.
6. Where the person giving notice, being a person carrying on an Australian business, states that the person proposes to enter into an arrangement, or terminate an arrangement entered into, with another person in relation to the Australian business carried on by the person giving notice:
(a) if that other person is a natural person — Division 1 of this Part is to be completed in relation to that natural person; or
(b) if that other person is a corporation — Division 2 of this Part is to be completed in relation to that corporation.
7. This Part need not be completed where:
(a) corporation giving notice states that:
it proposes to issue shares; or
it is proposed to alter a constituent document of the corporation; or
(b) a person, corporation or trustee giving notice states that he, she or it proposes (
or has an optionor proposes to acquire an option) to acquire an interest in Australian urban land.
DIVISION 1
PARTICULARS RELATING TO NATURAL PERSON
Full name.......................................................................................................
Country where ordinarily resident.................................................................
Address in that country..................................................................................
DIVISION 2
PARTICULARS RELATING TO CORPORATION
Name of corporation .....................................................................................
State, Territory or country where incorporated.............................................
Address of registered or head office in that State, Territory or country.......
.......................................................................................................................
PART III
PARTICULARS RELATING TO RELEVANT SHARES, ASSETS, AGREEMENT, ARRANGEMENT, CONSTITUENT DOCUMENT OR AUSTRALIAN URBAN LAND
1. Where the person giving notice states that
the person proposes (
2. Where the person giving notice states that
the person proposes (
3. Where:
(a) the person giving notice states that the person proposes to enter into an agreement in relation to the affairs of an Australian corporation that carries on an Australian business, being the corporation referred to in Division 2 of Part II; or
(b) the person giving notice, being an Australian corporation that carries on an Australian business, states that it proposes to enter into an agreement with the person referred to in Division 1 or 2 of Part II in relation to the affairs of the corporation;
Division 3 of this Part is to be completed.
4. Where:
(a) the person giving notice states that the person proposes to enter into an arrangement, or terminate an arrangement entered into, with the person referred to in Division 1 or 2 of Part II in relation to an Australian business carried on by that person referred to in Part II; or
(b) the person giving notice, being a person carrying on an Australian business, states that the person proposes to enter into an arrangement, or terminate an arrangement entered into, with the person referred to in Division 1 or 2 of Part II in relation to the Australian business carried on by the person giving notice;
Division 4 of this Part is to be completed.
5. Where a corporation giving notice states that it proposes to issue shares, Division 5 of this Part is to be completed.
6. Where a corporation giving notice states that it is proposed to alter a constituent document of the corporation, Division 6 of this Part is to be completed.
7. Where a person, corporation or trustee giving
notice states that he, she or it proposes (
DIVISION 1
PARTICULARS RELATING TO THE SHARES IN THE CORPORATION REFERRED TO IN DIVISION 2 OF PART II TO WHICH THE PROPOSED ACQUISITION BY THE PERSON GIVING NOTICE RELATES
1. Section A is to be completed where the person giving notice states that the person proposes to acquire shares in the corporation.
2. Section B is to be completed where the person giving notice states that the person has an option, or proposes to acquire an option, to acquire shares in the corporation.
SECTION A — PARTICULARS RELATING TO SHARES THAT THE PERSON GIVING NOTICE PROPOSES TO ACQUIRE
Class of shares | Number of votes attaching to shares of that class | Number of shares of that class already held by the person | Number of previously issued shares of that class proposed to be acquired | Number of shares proposed to be acquired from a proposed new issue of shares of that class |
SECTION B — PARTICULARS RELATING TO OPTIONS TO ACQUIRE SHARES THAT THE PERSON GIVING NOTICE HAS OR PROPOSES TO ACQUIRE
Class of shares |
Number of votes attaching to shares of that class | Number of shares of that class that the person has options to acquire | Number of previously issued shares of that class in relation to which the person proposes to acquire options | Number of shares in a proposed new issue of shares of that class in relation to which the person proposes to acquire options |
DIVISION 2
PARTICULARS RELATING TO THE ASSETS OF THE AUSTRALIAN BUSINESS CARRIED ON BY THE PERSON REFERRED TO IN DIVISION 1 OR 2 OF PART II, TO WHICH THE PROPOSED ACQUISITION BY THE PERSON GIVING NOTICE RELATES
Description and value of assets ....................................................................
DIVISION 3
PARTICULARS RELATING TO THE AGREEMENT THAT THE PERSON GIVING NOTICE PROPOSES TO ENTER INTO
1. Section A is to be completed where the person giving notice is a person other than the corporation to the affairs of which the proposed agreement relates.
2. Section B is to be completed where the person giving notice is the corporation to the affairs of which the proposed agreement relates.
Section A —
Particulars relating to agreement that person giving notice proposes to enter into in relation to the affairs of the corporation referred to in Division 2 of Part II
Particulars of other party to agreement ........................................................
Full name.......................................................................................................
Address..........................................................................................................
Particulars of proposed agreement:
Section B —
Particulars relating to agreement that the person giving notice, being the Australian corporation referred to in Division 2 of Part I, proposes to enter into with the person referred to in Division 1 or 2 of Part II in relation to the affairs of the corporation
Particulars of proposed agreement:
DIVISION 4
PARTICULARS RELATING TO THE ARRANGEMENT THAT THE PERSON GIVING NOTICE PROPOSES TO ENTER INTO OR TERMINATE, BEING AN ARRANGEMENT WITH THE PERSON REFERRED TO IN DIVISION 1 OR 2 OF PART II IN RELATION TO AN AUSTRALIAN BUSINESS CARRIED ON EITHER BY THE PERSON GIVING NOTICE OR BY THE PERSON REFERRED TO IN DIVISION 1 OR 2 OF PART II
DIVISION 5
PARTICULARS RELATING TO THE SHARES THAT THE CORPORATION GIVING NOTICE PROPOSES TO ISSUE
Class of shares | Number of shares of that class that the corporation proposes to issue | Voting rights or restrictions attached to shares of that class |
DIVISION 6
PARTICULARS RELATING TO THE CONSTITUENT DOCUMENT THAT IT IS PROPOSED TO ALTER, BEING A CONSTITUENT DOCUMENT OF THE CORPORATION GIVING NOTICE
Description of document to be altered..........................................................
Particulars of alterations:
Text of parts to be altered | Text of parts to be substituted |
DIVISION 7
PARTICULARS RELATING TO THE PROPOSED ACQUISITION OF AN INTEREST IN AUSTRALIAN URBAN LAND
Nature
of interest
Postal address of property ............................................................................
Lot/Portion .................................. Section........................ Plan ..................
Title reference(s)...........................................................................................
(1) Specify whether freehold or leasehold interest or a licence giving rights to occupy Australian urban land or some other interest within the meaning of section 12A of the Act.
(subregulation 4 (2))
NOTICE UNDER SECTION 26
1. The person furnishing this Notice must annex
to the Notice such documents (if any) as are required under regulation 6 of the
2. Where, in relation to any matter, the space provided in this Notice is insufficient to insert the particulars required, show the particulars in a separate annexure to this Notice.
3. This Notice must be signed in the manner
prescribed by regulation 8 of the
–––––––––––––––––
To the Treasurer,
Notice is given under section 26 of the
being
the person particulars in relation to whom are set out in Part I of this
Notice, intends to enter into an agreement
being the corporation particulars in relation to which are set out in Part II of this Notice. Particulars relating to the proposed acquisition are set out in Part III of this Notice.
The particulars specified in so much of Parts I, II and III of this Notice as is applicable in accordance with the directions relating to those Parts are, to the best of my knowledge, information and belief, true and correct.
Signed
by
Full name.......................................................................................................
(1) Insert name of natural person, corporation or trustee giving notice.
(2) A person who enters into an agreement of the kind referred to in subsection 26 (3) of the Act is considered to be a person who intends to enter into an agreement.
(3) Insert name of Australian corporation in which person giving notice is to acquire a substantial shareholding.
(4) To be signed by natural person giving notice or his or her Australian agent (if natural person not ordinarily resident in Australia) or person authorised in writing to sign this Notice on behalf of a corporation or trust estate.
PART I
PARTICULARS RELATING TO PERSON GIVING NOTICE
1. Division 1 of this Part is to be completed where the person giving notice is a natural person.
2 Division 2 of this Part is to be completed where the person giving notice is a corporation.
3. Division 3 of this Part is to be completed where the person giving notice is a trustee.
DIVISION 1
PARTICULARS RELATING TO NATURAL PERSON GIVING NOTICE
Full name ......................................................................................................
Country where ordinarily resident ................................................................
Address in that country .................................................................................
Address for service in Australia....................................................................
State or Territory ........................................................ Postcode...................
Telephone
No ................................................................ (
Telex No............................................. Facsimile No....................................
Particulars of Australian agent (if any):
Full name ......................................................................................................
Address .........................................................................................................
State or Territory ........................................................ Postcode ..................
Telephone
No ................................................................ (
Telex No ............................................. Facsimile No....................................
DIVISION 2
PARTICULARS RELATING TO CORPORATION GIVING NOTICE
Name of corporation......................................................................................
Place of incorporation....................................................................................
Address of Head Office ................................................................................
Address of registered office in Australia ......................................................
Address for service in Australia....................................................................
State or Territory ....................................................... Postcode ..................
Telephone
No ........................................................... (
Telex No............................................. Facsimile No....................................
If corporation giving Notice is an Australian subsidiary of a foreign corporation, give details of foreign person(s) holding a substantial shareholding in Australian corporation giving notice.
Particulars
of corporation’s * agent (
Full name ......................................................................................................
Title of principal officer ...............................................................................
Address .........................................................................................................
State or Territory....................................... Postcode ...................................
Telephone
No................................................................. (
Telex No ............................................ Facsimile No ...................................
* (
DIVISION 3
PARTICULARS RELATING TO TRUSTEE GIVING NOTICE
Name of trust.................................................................................................
Name of trustee .............................................................................................
Address of trustee..........................................................................................
Address for service in Australia ...................................................................
State or Territory ...................................... Postcode ...................................
Telephone
No .............................................................. (
Telex No ........................................ Facsimile No......................................
(
Particulars of Australian agent (if any):
Full name ......................................................................................................
Address .........................................................................................................
State or Territory ...................................... Postcode....................................
Telephone
No................................................................. (
Telex No ........................................ Facsimile No........................................
PART II
PARTICULARS RELATING TO THE AUSTRALIAN CORPORATION IN WHICH THE PERSON GIVING NOTICE IS TO ACQUIRE A SUBSTANTIAL SHAREHOLDING BY VIRTUE OF THE AGREEMENT IN RELATION TO WHICH NOTICE IS GIVEN
Name of corporation......................................................................................
State or Territory where incorporated...........................................................
Address of registered office in that State or Territory.................................
................................................................... Postcode ...................................
Telephone
No ................................................................ (
Telex No ............................................ Facsimile No....................................
PART III
PARTICULARS RELATING TO THE SHARES IN THE AUSTRALIAN CORPORATION REFERRED TO IN PART II, BEING SHARES IN WHICH THE PERSON GIVING NOTICE IS TO ACQUIRE INTERESTS UNDER THE AGREEMENT OR HAS OFFERED TO ACQUIRE INTERESTS
1. Division 1 is to be completed in every case.
2. Division 2 is to be completed where the person giving notice has an option, or has offered, to acquire shares or interests in shares in the corporation, being shares and interests other than those to be acquired by virtue of the proposed agreement.
DIVISION 1
PARTICULARS RELATING TO SHARES TO WHICH THE PROPOSED AGREEMENT RELATES
Class of shares | Number of votes attaching to shares of that class | Number of shares of that class already held by the person or in which the person has an interest | Number of previously issued shares of that class to which the proposed agreement relates | Number of shares in a proposed new issue of shares of that class to which the proposed agreement relates |
DIVISION 2
PARTICULARS RELATING TO SHARES AND INTERESTS IN SHARES (OTHER THAN SHARES AND INTERESTS TO WHICH THE PROPOSED AGREEMENT RELATES) THAT THE PERSON GIVING NOTICE HAS AN OPTION, OR HAS OFFERED, TO ACQUIRE
Class of shares to which option or offer | Number of votes attaching to shares of that | Number of shares of that class already held by the person or in | Particulars relating to previously issued shares of that class | Particulars relating to shares included in a proposed new issue of shares of that class | ||
relates | class | which the person has an interest | Number of shares that the person has options | Number of shares that the person has options | Number of shares that the person has options | |
to acquire or in which the person has options to acquire interests | to acquire or in which the person has offered to acquire interests | to acquire or in which the person has options to acquire interests | to acquire or in which the person has offered to acquire interests | |||
(paragraph 4 (3) (a))
(paragraph 4 (3) (b))
(paragraph 4 (3) (c))
The
1975 No. 226 | 30 Dec 1975 | 1 Jan 1976 ( | |
1976 No. 203 | 23 Sept 1976 | Rr. 1 and 3: 1 Jan 1976 Remainder: 23 Sept 1976 | — |
1989 No. 178 | 6 July 1989 | 6 July 1989 | R. 1 (as am by 1989 No. 197) |
| |||
1989 No. 197 | 31 July 1989 | 1 Aug 1989 | — |
2009 No. 53 | 30 Mar 2009 ( | Rr. 1–3 and Schedule 1: 2 Dec 2006 Rr. 4, 5, Schedules 2 and 3: 31 Mar 2009 | — |
2009 No. 104 | 5 June 2009 ( | 6 June 2009 | — |
am. = amended rep. = repealed rs. = repealed and substituted | |
R. 1......................................... | am. 1989 No. 178 |
rs. 2009 No. 53 | |
R. 3......................................... | am. 1989 No. 178 |
R. 4......................................... | am. 1989 No. 178; 2009 No. 53; 2009 No. 104 |
R. 6......................................... | rs. 1976 No. 203 |
am. 1989 No. 178; 2009 No. 53 | |
Note to r. 6............................. | ad. 2009 No. 53 |
R. 8......................................... | am. 1989 No. 178; 2009 No. 53 |
Note to r. 8............................. | ad. 2009 No. 53 |
Heading to Schedule............ | rep. 2009 No. 104 |
Schedule................................ | am. 1976 No. 203 |
rs. 1989 No. 178 | |
am. 2009 No. 53 | |
Heading to Schedule 1........ | ad. 2009 No. 104 |
Schedule 1............................. | am. 2009 No. 104 |
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