Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:1_227
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 1 cl 227
Character Range: 172951–173731

227  Application—notices of actions that are notifiable national security actions
If:
 (a) between the period beginning on 1 July 2020 and ending on 31 December 2020, a person gives a notice to the Treasurer of a proposal to take an action; and
 (b) the action is to acquire an interest in a security, asset, trust or Australian land; and
 (c) before 1 January 2021, the person has not entered into an agreement to acquire the interest; and
 (d) on 1 January 2021, the action is a notifiable national security action and not a significant action or a notifiable action;
the action is, for the purposes of the Foreign Acquisitions and Takeovers Act 1975 as amended by this Schedule, taken to be notified to the Treasurer as a notifiable national security action on 1 January 2021.