Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Current HansardDownload Current Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 11 August 2004
Page: 26245


Senator HARRIS (10:49 PM) —I move to page 74, under section 17B, `Asset thresholds for exempt foreign investments in prescribed corporations etc.—prescribed foreign investors'. At lines 9-15, item (c) says:

(c) for a corporation covered by paragraph 13(1)(d), (e) or (f) because the corporation, or another corporation or other corporations, held certain assets on a particular date—the value of those assets on that date, determined in accordance with section 13, does not exceed the amount ascertained in accordance with regulations made for the purposes of this paragraph.

Can the minister at this point in time indicate to the chamber what amount is referred to in the words `does not exceed the amount ascertained in accordance with regulations made for the purpose of this paragraph'.