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Just in time: the full spectrum of amendments to the Security of Critical Infrastructure regime now passed
Insight 22 Apr 2022

The final anticipated amendments to the Security of Critical Infrastructure Act 2018 (Cth) (SOCI Act) have been passed in the nick of time, making their way through the Senate in its last sitting before the 2022 Federal Election. These latest amendments introduce new and enhanced obligations for risk management programs and security respectively, and the concept of ‘systems of national significance’. ...

Allens advises AustralianSuper and Singtel on Axicom acquisition
News 20 Apr 2022

The deal will see ATN – which is owned by AustralianSuper and Singtel – double its mobile tower footprint, with the addition of Axicom's 2,000 metro and outer-metro telecommunication sites. 'We are ...

Allens advises on the project financing of Palau Solar and Battery Project
News 20 Apr 2022

The project is to be located in Babeldaob, the largest island in the Republic of Palau. The project will operate under a long-term offtake arrangement with the Palau Public Utilities Corporation. O ...

Our pre-election wrap of super regulatory reforms for 2022
Insight 19 Apr 2022

Coming off a busy 18 months or so – with the number of reforms too long to count on all fingers and toes – superannuation trustees could be forgiven for wanting to take an extended holiday from regulatory change. But with Parliament prorogued ahead of the election, now is a chance for trustees to take stock of the regulatory reforms slated for 2022. In this Insight, we provide a snapshot of the key reforms. ...

Allens helps Blackmores embed ESG with new sustainability-linked loans
News 12 Apr 2022

Under the new sustainability-linked loan platform, Blackmores will be incentivised to achieve ambitious emissions reductions targets (including scope one, scope two and measured scope three ...

Regulating crypto: Government releases consultation paper on proposed licensing and custody requirements
Insight 25 Mar 2022

The Federal Government is seeking feedback on a proposed new licensing regime for crypto asset secondary service providers (CASSPrs) and new requirements regulating custody of crypto assets. The new regime would potentially sit alongside the existing AFS licensing regime, with possible overlap and inconsistency in treatment of service providers. The Government is also seeking early views on how crypto assets should be defined and categorised as part of a 'crypto mapping' exercise. The consultation period runs until 27 May 2022. ...

Allens advises on largest cash takeover in Australian history
News 17 Mar 2022

The now completed acquisition is both the largest cash and infrastructure takeover in Australian history. Valued at approximately AU$32 billion, the transaction was implemented by way of an ...

Beware the stamp duty pitfalls of nominee clauses and resulting trust exemptions – discussion of the Victorian case of Hartman
Insight 11 Mar 2022

The recent Victorian case of Hartman1 demonstrates the potential stamp duty dangers of relying on nominee clauses in transactions involving land (or other dutiable property). The VCAT decision highlights the importance of settling, if possible, on the identity of the ultimate transferee prior to execution of a contract and, above all, the need for developers and other purchasers of land to seek advice before relying on a nominee clause or otherwise seeking to transfer title to a third party. ...

Allens advises Sunsuper on merger with QSuper
News 01 Mar 2022

The landmark merger of Sunsuper and QSuper will form the country's second-biggest superannuation fund. The merged entity, Australian Retirement Trust, will have over 2 million members and more than ...

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