As part of the 2023–24 Budget, the Australian Government announced it would exempt interfunding transactions from mandatory notification requirements and fees under the Foreign Acquisitions and Takeovers Act 1975.
Treasury is seeking feedback on draft regulations to implement this exemption. You can submit responses to this consultation up until 31 May 2024.
The exemption will decrease the regulatory burden and financial costs for investors who undertake interfunding activities.
For further information, including how to respond to this consultation, visit the Treasury website.