Document ID: chunk:federal_register_of_legislation:C2020A00116:section:46:p2
Version: federal_register_of_legislation:C2020A00116
Segment Type: section
Provision Reference: s 46 (pt 2/2)
Character Range: 76901–78197

specified day:
 (i) give effect to the arrangement; or
 (ii) hold out, or conduct itself on the basis, that it can give effect to the arrangement; and
 (c) each other party to the subsidiary arrangement must not, to the specified extent and from the specified day:
 (i) give effect to the arrangement in Australia; or
 (ii) hold out in Australia, or conduct itself in Australia on the basis, that it can give effect to the arrangement.

Compliance with declaration
 (4) Each party to the subsidiary arrangement must comply with the declaration:
 (a) if the Minister has given the party a copy of the declaration under subsection 49(5); and
 (b) to the extent that the declaration applies to the party.

Matters relating to declaration
 (5) For the purposes of paragraph (3)(a), the declaration may require that the subsidiary arrangement be varied or terminated:
 (a) in accordance with the Australian law; or
 (b) in accordance with any other requirements; or
 (c) in accordance with both the Australian law and other requirements.
 (6) The Minister may make a declaration under subsection (2) or (3) only to the extent that the subsidiary arrangement was entered under the auspices of the foreign arrangement.
 (7) A declaration made under subsection (2) or (3) is not a legislative instrument.