Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments Notes
Australia
ALL SECTORS INCLUDED IN 3) Notification and examination under 3) Australia's foreign investment policy
THIS SCHEDULE Australia's foreign investment policy guidelines apply to foreign-owned or
guidelines and the Foreign controlled enterprises after establishment in
Acquisitions and Takeovers Act 1975. Australia
In addition to the specific foreign
investment policy requirement set out At least two of the directors of a public
in those parts of this Schedule company must be ordinarily resident in
concerning financial services and Australia
international shipping, proposals for
foreign interests to invest in the Unbound for current and future measures at
services identified in the Schedule are the federal, state or local government levels
examined under the Government's according rights or preferences to any
policy guidelines without the need to indigenous person or organisation providing
demonstrate economic benefits or to for the favourable treatment of any
provide for Australian equity indigenous person or organisation in
participation and are approved unless relation to acquisition, establishment or
national interest considerations arise. operation of any commercial or industrial
undertaking in the service sector. For the
purposes of this Schedule, an indigenous
person means a person of the Aboriginal
race of Australia or a descendant of an
indigenous inhabitant of the Torres Strait
Islands.
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments Notes
4) Unbound except for measures 4) Unbound except for measures concerning
concerning the entry and temporary the categories of natural persons referred to
stay of natural persons in the in the market access column
following categories:
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments Notes
otherwise be carried out by an
Australian citizen or permanent
resident. This requirement will be
satisfied where the service seller's
remuneration and financial support for
the duration of the visit are derived
entirely from sources outside
Australia.