Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 101D

Publication of undertakings

  (1)   If the Treasurer accepts an undertaking in relation to a provision mentioned in subsection   101C(1), the Treasurer must ensure that the undertaking is published on a website maintained by the Department as soon as practicable after it is accepted.

  (2)   If an undertaking has not yet been published on a website maintained by the Department, the Treasurer may decide, in writing, that publishing the undertaking on such a website would be contrary to the national interest.

  (3)   If the Treasurer makes a decision under subsection   (2) in relation to an undertaking, subsection   (1) does not apply to the undertaking.

  (4)   A failure to comply with subsection   (1) in relation to an undertaking does not affect the enforceability of the undertaking under Part   6 of the Regulatory Powers Act, as that Part applies in relation to the provisions of this Act.



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