Senate debates

Monday, 23 November 2015

Bills

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015; In Committee

9:17 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Leader of the Opposition in the Senate) Share this | Hansard source

I move amendment (15) on sheet 7778:

(15) Schedule 1, item 4, page 44 (lines 15 to 20), omit paragraph 52(2)(b), substitute:

  (b) the value of the interest in the land is more than:

     (i) $50 million; or

     (ii) if a higher value is prescribed for the purposes of this paragraph—that higher value.

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