institutionalproposed

"FIRB critical-technologies list triggers mandatory foreign-investment notification"

Canonical Claim

Acquisitions of Australian businesses operating in listed critical-technology sectors (including critical minerals) trigger mandatory FIRB notification under FATA s 55B, irrespective of monetary threshold.

Jurisdiction-Scoped Fact
Jurisdiction: AU
Authority: Foreign Investment Review Board (Treasury)
Source: Foreign Acquisitions and Takeovers Act 1975 (Cth) s 55B; List of Critical Technologies in the National Interest (2023)

This is a human-established fact, not a universal axiom. It is true within AU as enacted by Foreign Investment Review Board (Treasury).

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Answer

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Under the Foreign Acquisitions and Takeovers Act 1975 (Cth) as amended by the 2020 national-security reforms, any acquisition in a 'national security business' — including businesses that develop, manufacture or supply critical technologies on the Government's List of Critical Technologies in the National Interest — requires notification to FIRB regardless of the investment value. Critical-minerals extraction and processing, advanced materials and manufacturing (including antimony), and quantum/semiconductor technology are on the list.

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