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Bills of the current Parliament

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Foreign Acquisitions and Takeovers Amendment (Strategic Assets) Bill 2020


Type
Private
Originating house
House of Representatives
Status
Before Reps
Sponsor
KATTER, Bob, Jnr, MP

Summary

Amends the Foreign Acquisitions and Takeovers Act 1975 to: prevent foreign persons or entities from acquiring more than 10 per cent or greater interest in Australian land, water or other assets that are of 'strategic economic importance' or 'strategic defensive importance' to Australia; and establish the Foreign Ownership Assessment Board.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 24/02/20  
Second reading moved 24/02/20  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Considered by scrutiny committee (02/04/2020): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 4 of 2020