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Only the Proposal of this Cabinet paper has been extracted below in HTML. If you require a full HTML version please contact [email protected] and cite CAB-20-SUB-0275 as a reference.
Cabinet Paper CAB-20-SUB-0275: Overseas Investment (Transitional Matters) Amendment Regulations 2020
1This paper seeks:
1.1agreement to a policy decision to clarify the effect of the transitional provisions in the Overseas Investment (Urgent Measures) Amendment Act 2020 (the ‘Urgent Measures Act’), via regulations made under clause 26 of Schedule 1AA of that Act; and
1.2authorisation for submission to the Executive Council of the attached Overseas Investment (Transitional Matters) Amendment Regulations 2020 (the ‘Regulations’), which would give effect to this decision.
2Consistent with paragraph 2.39 of the Cabinet Manual, I submit this paper with the knowledge and approval of the Minister of Finance.