2022 Foreign Investment Reforms - Exposure Draft Regulations
The submission to the Treasury in response to its 2022 Foreign Investment Reforms - Exposure Draft Regulations was prepared by the Financial Investment Committee of the Business Law Section (Committee).
The Committee welcomes the Government's proposals to make changes to the Foreign Acquisitions and Takeovers Regulation 2015 (Regulations) to 'reduce regulatory burdens by clarifying certain aspects of the framework and streamlining some less sensitive types of investment'. However, the Committee submit that certain aspects of the proposed changes do not achieve this objective, or can be fine tuned to better achieve this objective.
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