Document ID: chunk:federal_register_of_legislation:C2004A03762:body:0:p13
Version: federal_register_of_legislation:C2004A03762
Segment Type: other
Provision Reference: 
Character Range: 30102–32831

in writing of the decision, being advice that includes a statement of the conditions

     to be complied with, before the end of 10 days after the day on which the decision is made.
    "(1c) Where:
         (a) the person or corporation is given advice in writing of the decision within the period of 10 days; and
         (b) the person or corporation carries out the proposal;
     the following provisions have effect:
         (c) if the person or corporation does not comply with the conditions—the person or corporation is guilty of an offence punishable, on conviction, by:
            (i) in the case of a natural person—a fine not exceeding $50,000 or imprisonment for a period not exceeding 2 years, or both; or
            (ii) in the case of a corporation—a fine not exceeding $250,000;
         (d) the Treasurer may only make an order under subsection 18 (4), 19 (4), 20 (3), 21 (3) or 21a (4) in relation to the acquisition, agreement, arrangement, issue or alteration specified in the notice if:
            (i) the person or corporation is convicted of an offence against paragraph (c) of this subsection in relation to the conditions; or
            (ii) an order is made under section 19b of the Crimes Act 1914 in relation to the person or corporation in respect of an offence against paragraph (c) of this subsection in relation to the conditions.
    "(2) If 30 days pass after the day on which the Treasurer receives the notice and by the end of that period:
         (a) the Treasurer has not:
            (i) made a decision under subsection (1a) in relation to the proposal specified in the notice, being a decision of which advice is given in writing to the person or corporation before the end of 10 days after the day on which the decision is made; or
            (ii) made an order under this Part in relation to the acquisition, agreement, arrangement, issue or alteration specified in the notice, being an order published in the Gazette before the end of 10 days after the day on which the order is made; and
         (b) the person or corporation has not carried out the proposal;
     the Treasurer is not empowered:
         (c) to make an order under this Part in relation to the acquisition, agreement, arrangement, issue or alteration; or

         (d) to make a decision under subsection (1a) in relation to the proposal.
    "(3) If:
         (a) before the end of 30 days after the day on which the Treasurer receives the notice, the Treasurer makes an order under section 22 in relation to the acquisition, agreement, arrangement, issue or alteration specified in the notice;
         (b) the order is published in the Gazette before the end of 10 days after the day on which the order