WebJan 28, 2024 · Notifiable National Security Actions are not subject to any monetary threshold, meaning that any proposal to undertake a Notifiable National Security Action must be notified to FIRB, irrespective of the value … Web15 rows · Monetary Thresholds. PDF Download 188KB. Monetary thresholds are indexed annually on 1 January, except for the more than $15 million (cumulative) threshold for agricultural land and the more than $50 million threshold for agricultural land for …
Updated FIRB Guidance Notes clarify investor obligations following ...
Webinterest in a target that meets the monetary threshold (which is nil in the case of a foreign government investor or where the target operates a national security business) will require FIRB approval. In respect of the ‘direct interest’ concept the points to understand are: • Any stake of 10% or more will be a direct interest. WebDec 16, 2024 · A reinstatement of certain monetary thresholds for transactions that occur after 1 January 2024; ... FIRB has yet to confirm whether the statutory timeframe for consideration of an application and notification to the applicant of its decision will revert to the pre-COVID-19 period of 40 days or remain at the temporary up to six-month time period. rutland turf care
Pre-COVID foreign investment thresholds to be ... - Hall & Wilcox
WebSep 28, 2024 · Monetary thresholds. Since 29 March 2024, there has been $0 monetary threshold on all acquisitions subject to the FIRB regime. Proposed to reinstate the pre-29 March 2024 monetary thresholds (summarised in Annex 1 of FIRB's policy document). Also proposed in relation to monetary thresholds are: provisions giving effect to … WebJan 14, 2024 · Note, however, that as the $0 monetary screening threshold applies to vacant commercial land, FIRB approval may still be required for interests acquired under … WebThe $0 temporary FIRB threshold will be lifted for many categories of investment from 1 January 2024 is chrome steel stainless