Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:1_123
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 1 cl 123
Character Range: 73514–74214

123  Subsection 76(1)
Repeal the subsection, substitute:
 (1) A no objection notification given to a person under section 74 or 75 must:
 (a) specify the following:
 (i) the one or more actions to which the notification relates;
 (ii) the one or more foreign persons to which the notification relates; and
 (b) include the following:
 (i) a requirement that the actions to which the notification relates, if taken, must be taken before the end of a specified period after the day the notification is given;
 (ii) a statement to the effect that the Treasurer may, in certain circumstances review the actions to which the notification relates under Division 3 and exercise powers under that Division.