WEC 0.00% 4.8¢ white energy company limited

The Roo to be taken over, page-3

  1. 319 Posts.
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    I fear the "national interest test" performed by the FIRB cannot consider any company's individual interest such as WEC's interest to secure their potential damage claims, but only national interest:


    "In considering whether investments by foreign government investors are contrary to the national interest, the Government will consider factors including national security; competition; other Australian Government policies such as taxation; the impact on the economy and the community; and the character of the investor (additional aspects are considered for investments in the agricultural sector)."


    source: https://firb.gov.au/resources/guidance/gn23/

 
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