Document ID: chunk:federal_register_of_legislation:C2015A00150:clause:1_82
Version: federal_register_of_legislation:C2015A00150
Segment Type: clause
Provision Reference: sch 1 cl 82
Character Range: 118697–119736

82  Limitation on taking significant actions after notice given
 (1) This section applies in relation to a foreign person who gives a notice to the Treasurer stating that a significant action (including a significant action that is a notifiable action) is proposed to be taken.
Note: A notice might be given under section 81 or because a foreign person chooses to give a notice despite not being required to do so.
 (2) The foreign person must not take the action before the earliest of the following:
 (a) the day that is 10 days after the end of the decision period mentioned in section 77;
 (b) if an interim order is made—the end of the period specified in the order;
 (c) the day a no objection notification is given to the person.
Note 1: See also Part 5 (offences and civil penalties).
Note 2: If a person takes an action by entering an agreement, the action is not taken until the agreement is binding on the person (see subsections 15(4) and (5)).

Part 5—Offences and civil penalties

Division 1—Simplified outline of this Part