Document ID: chunk:federal_register_of_legislation:F2017L00833:clause:1_10
Version: federal_register_of_legislation:F2017L00833
Segment Type: clause
Provision Reference: sch 1 cl 10
Character Range: 5822–6435

10  Exemption for persons in which foreign custodian corporations have interests
      (1) For section 30 of the Act, Part 3 of the Act does not apply to a foreign person at a particular time if, at that time, the conditions in subsection 41A(2) of the Foreign Acquisition and Takeover Regulation 2015 are met in relation to the foreign person.

      (2) For section 30U of the Act, Part 3B of the Act does not apply to a foreign person at a particular time if, at that time the conditions in subsection 41A(2) of the Foreign Acquisition and Takeover Regulation 2015 are met in relation to the foreign person.