Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 130Z

Regulations may extend time for giving notice

  (1)   The regulations may make provision for and in relation to extending the period in paragraph   130W(2)(b) in which a register notice must be given to the Registrar.

  (2)   Without limiting subsection   (1), regulations made for the purposes of that subsection may do any of the following:

  (a)   provide for extensions that apply only if conditions are met, and provide for the Treasurer to impose such conditions generally, or in particular cases;

  (b)   provide for extensions that apply to specified persons;

  (c)   confer a power to make a decision of an administrative character on the Treasurer;

  (d)   confer a power on the Treasurer to make a legislative instrument providing for anything that may, under this section (other than this paragraph), be provided for by the regulations.



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