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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 101C

Enforceable undertakings

Enforceable provisions

  (1)   The provisions of this Act are enforceable under Part   6 of the Regulatory Powers Act.

Note:   Part   6 of the Regulatory Powers Act creates a framework for accepting and enforcing undertakings relating to compliance with provisions.

Authorised person

  (2)   For the purposes of Part   6 of the Regulatory Powers Act, the Treasurer is an authorised person in relation to the provisions mentioned in subsection   (1).

Relevant court

  (3)   For the purposes of Part   6 of the Regulatory Powers Act, each of the following courts is a relevant court in relation to the provisions mentioned in subsection   (1):

  (a)   the Federal Court of Australia;

  (b)   the Federal Circuit and Family Court of Australia (Division   2);

  (c)   a court of a State or Territory that has jurisdiction in relation to matters arising under this Act.

Extension to external Territories

  (4)   Part   6 of the Regulatory Powers Act, as that Part applies in relation to a provision mentioned in subsection   (1), extends to every external Territory.



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