Document ID: chunk:federal_register_of_legislation:C2019A00032:clause:1_12
Version: federal_register_of_legislation:C2019A00032
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 4594–5179

12  Subsection 35(2)
Repeal the subsection, substitute:
 (2) The notice must be given before the end of the following period after the day the threshold or multiple is reached:
 (a) if the threshold or multiple is reached on a day in a voting period for a federal election (other than a by‑election) or a designated vote—7 days;
 (b) otherwise—14 days.
 (2A) However, if the person was not registered under the scheme on the day the threshold or multiple is reached, the notice may instead be given on the day the person applies for registration in relation to the foreign principal.