Document ID: chunk:federal_register_of_legislation:C2004A03762:body:0:p14
Version: federal_register_of_legislation:C2004A03762
Segment Type: other
Provision Reference: 
Character Range: 32595–35357

an order under section 22 in relation to the acquisition, agreement, arrangement, issue or alteration specified in the notice;
         (b) the order is published in the Gazette before the end of 10 days after the day on which the order is made; and
         (c) 90 days pass after the day on which the order is published and by the end of that period:
            (i) the Treasurer has not:
                (a) made a decision under subsection (1a) in relation to the proposal specified in the notice, being a decision of which advice is given in writing to the person or corporation before the end of 10 days after the day on which the decision is made; or
                (b) made any other order under this Part in relation to the acquisition, agreement, arrangement, issue or alteration, being an order published in the Gazette before the end of 10 days after the day on which the order is made; and
            (ii) the person or corporation has not carried out the proposal;
     the Treasurer is not empowered:
         (d) to make a further order under this Part in relation to the acquisition, agreement, arrangement, issue or alteration; or
         (e) to make a decision under subsection (1a) in relation to the proposal.";
     (c) by inserting after subsection (4) the following subsection:
    "(4a) For the purposes of this section but without limiting its generality, a person or corporation may be given advice in writing of a decision of the Treasurer in relation to a proposal if that advice in writing is given to the person or corporation at an address specified, in the notice containing the proposal, as the address for service of notices in relation to the proposal.";
     (d) by adding at the end of subsection (5) "or 26a".

Compulsory notification of certain section 18 transactions
21. Section 26 of the Principal Act is amended:
     (a) by omitting from paragraph (1) (b) "or" (last occurring);
     (b) by adding at the end of subsection (1) the following paragraphs:

          "; (d) the trustee of a trust estate in which a natural person not ordinarily resident in Australia or a foreign corporation holds a substantial interest; or
          (e) the trustee of a trust estate in which 2 or more persons, each of whom is either a natural person not ordinarily resident in Australia or a foreign corporation, hold an aggregate substantial interest.";
     (c) by omitting from paragraphs (2) (a) and (b) "(other than a non-trading company)";
     (d) by omitting subparagraph (2) (b) (ii) and the succeeding words of subsection (2) and substituting the following:
          "(ii) the date on which advice is given that the Commonwealth Government does not object to the person entering into that agreement (whether or not the