Senate debates Bills

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015; In Committee


Mathias Cormann

Mathias Cormann WA, Liberal Party, Minister for Finance

8:01 pm

What Senator Lazarus is referring to are associated corporations, and I can confirm that there is a process in this legislation that would capture any sort of associated corporations for the purposes of determining the $15 million cumulative screening threshold.

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