Document ID: chunk:federal_register_of_legislation:C2024C00844:section:1
Version: federal_register_of_legislation:C2024C00844
Segment Type: section
Provision Reference: s 1
Character Range: 433263–434372

1                                              subparagraph 55E(1)(a)(i) (acquiring interest in Australian business) applies to the action.                                                                                                                                                (a) the foreign person no longer holds an interest of any percentage in the Australian business mentioned in subparagraph 55E(1)(a)(i); or
                                                                                                                                                                                                                                                                                           (b) the Australian business ceases to be an Australian business; or
                                                                                                                                                                                                                                                                                           (c) the Australian business ceases to be carried on.