Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 79G

Varying or revoking conditions of no objection notification

    If a person was given a no objection notification in relation to an action, the Treasurer may decide to vary the no objection notification by:

  (a)   revoking a condition; or

  (b)   imposing a new condition; or

  (c)   varying an existing condition; or

  (d)   varying the information specified under section   76;

if the Treasurer is satisfied that the variation is reasonably necessary for purposes relating to eliminating or reducing the national security risk relating to the action.


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