Acquisition of Assets or Shares

The types of proposals in this category, which should be notified to the Government, are as follows:

• Acquisitions of interests in an existing Australian business or corporation which is valued above, or the proposal values above the applicable monetary threshold. Acquisitions of interests may include:
• acquisitions of shares (including options and other instruments which may be converted to shares) representing a substantial interest in the corporation;
• acquisitions of assets resulting in control of the business; or
• any other type of arrangement which results in control of the business or corporation.
• Takeovers of offshore companies whose Australian subsidiaries or gross assets are valued above the applicable monetary threshold.
• Acquisition of shares in a company or trust that is considered an Urban Land Corporation or Trust, regardless of the value, and unless exempt.
• Proposals where any doubt exists as to whether they are notifiable.

For proposals of foreign government investors that require notification and approval, please see Foreign Government Investors.

This section also includes a section on Compliance Issues.