Document ID: chunk:federal_register_of_legislation:F2022C00065:reg:8
Version: federal_register_of_legislation:F2022C00065
Segment Type: reg
Provision Reference: reg 8
Character Range: 6505–7589

8  Information about unacceptable foreign‑ownership situations
 (1) A Telstra successor company must give the Minister written notice that an unacceptable foreign‑ownership situation may exist in relation to the Telstra successor company if:
 (a) the Telstra successor company has reason to believe that a situation of that kind may exist; and
 (b) the Minister has directed the Telstra successor company to give notices of that kind.
 (2) The Minister's direction may require the notice to be given:
 (a) under particular circumstances; and
 (b) in a particular manner; and
 (c) within a certain time (not being a time earlier than 14 days after the direction is given).
 (3) The notice must include the following information:
 (a) the reason for the belief;
 (b) the steps taken, or intended to be taken, by the Telstra successor company to determine whether, in fact, the unacceptable foreign‑ownership situation does exist;
 (c) the steps intended to be taken by the Telstra successor company to remedy the unacceptable foreign‑ownership situation, if that situation does exist.