Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:3_4
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 3 cl 4
Character Range: 309354–311306

4                                              subparagraph 55D(2)(a)(iii) (altering constituent documents of entity) applies to the action.              (a) the document mentioned in subparagraph 55D(2)(a)(iii) ceases to be in force; or
                                                                                                                                                          (b) the document ceases to produce the result mentioned in that subparagraph; or
                                                                                                                                                          (c) the entity mentioned in that subparagraph ceases to be a kind of entity described in subsection 55D(4); or
                                                                                                                                                          (d) the entity ceases to exist.

 (3) Disregard any interest that is an equitable interest for the purposes of working out whether a registered circumstance exists, or has ceased, under item 1 of the table in subsection (2).
Note: The requirement to give a register notice under subsection (1) applies whether or not an interest is an equitable interest. However, a notice of an action that relates only to an equitable interest does not cause a registered circumstance to exist under item 1 of the table.

Registrable event day
 (4) The registrable event day for a register notice under this section is:
 (a) if paragraph (1)(a) applies—the day on which the foreign person takes the action; or
 (b) if paragraph (1)(b) applies—the day on which the no objection notification or notice imposing conditions is given.

Application—Register commencement day
 (5) This section applies to actions taken on or after the Register commencement day (regardless of when any notification or notice, other than the register notice, mentioned in subsection (1) is given).