Document ID: chunk:federal_register_of_legislation:F2022C00302:clause:1_6
Version: federal_register_of_legislation:F2022C00302
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 4021–5538

6  Delegations—Regulatory Powers Act
 (1) Under subsection 101F(2) of the Act, the Commissioner is delegated the Treasurer's powers and functions under Part 6 of the Regulatory Powers Act (as it applies in relation to the Act) in relation to the matters covered by subsection (2).
Note: Part 6 of the Regulatory Powers Act is about enforceable undertakings.
 (2) The following matters are covered by this subsection:
 (a) an action to acquire an interest in residential land;
 (b) an action to acquire an interest in commercial land;
 (c) an action that constitutes an internal reorganisation;
 (d) an action to acquire an interest in a land entity or a corporate trustee of an Australian land trust where the entity or trustee only holds interests in one or more of the following:
 (i) residential land;
 (ii) commercial land;
 (e) an action to acquire an interest in assets of an Australian business where the assets are one or more of the following:
 (i) residential land;
 (ii) commercial land;
 (f) an action by a foreign government investor to acquire a direct interest in:
 (i) land entity or a corporate trustee of an Australian land trust where the entity or trustee only holds interests in one or more of the following:
 (A) residential land;
 (B) commercial land; or
 (ii) an Australian business where the interests in assets being acquired are only in one or more of the following:
 (A) residential land;
 (B) commercial land;
 (g) any other matter relating to a matter covered by paragraphs (a) to (f).