Notification of Acquisitions of Shares, Assets or Interests - Australian Government

Description

You will be required to submit this notification if you are a foreign investor and intend to acquire interest in Australian assets or shares. This includes the purchase of real estate for residential or commercial purposes.

Notifiable actions include:

  • acquiring a direct interest in an Australian entity or an Australian Business
  • starting a new Australian business
  • acquiring an interest in Australian land
  • acquiring a legal or equitable interest in mining, production or exploration tenement
  • acquiring an interest of at least 10 percent in securities in a mining, production or exploration entity.

Direct interest is defined as:

  • an interest in an entity with an interest of at least 10 per cent in the entity or business
  • an interest of at least 5 per cent in the entity or business if you acquire the interest though a legal arrangement relating to the businesses of the person and the entity or business
  • an interest of any percentage in the entity or business if you are in a position to participate or influence central management and control of the entity or business and policy.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

Proposals to invest in Australia are examined on a case by case basis and in most industry sectors are approved unless contrary to the national interest.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Not applicable.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

No fees are required.

Act(s) name

Foreign Acquisitions and Takeovers Act 1975 AG

Regulation(s) name

Foreign Acquisitions and Takeovers Regulations 2015 AG

Administering agency

The Treasury

Foreign Investment Review Board

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Foreign Investment Applications

Foreign Investment Review Board

The Treasury

Toll Free: 1800 050 377
Phone: 02 6216 1111
Email: firbenquiries@treasury.gov.au
Website: Foreign Investment Review Board (Opens in new window)