Senate debates

Monday, 23 November 2015

Bills

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015; In Committee

7:59 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

I would like some clarification in relation to Senator Lambie's very good question. Is it prospective or retrospective? I understand that it applies to any further transactions, but if it applies to all foreign ownership, presumably it will be quite an exercise to determine who will be on that register. How will that be determined?

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