Foreign Investment Regime to commence on 1 January 2021 - exposure draft released (Part 2)

In brief - an overview of the key changes in part two of the government's proposed reforms to Australia's foreign investment framework

On 18 September 2020, the Treasury released the second tranche of exposure drafts for the Foreign Investment Reform (Protecting Australia's National Security) Regulations 2020 and the Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020 as part of its foreign investment reform package. This follows the exposure draft of the Foreign Investment Reform (Protecting Australia's National Security) Bill 2020 released on 31 July 2020.

Individual investments will continue to be reviewed on a case by case basis to ensure Australia's national interest and national security are protected, and to maintain public confidence in Australia's foreign investment regime.