Document ID: chunk:federal_register_of_legislation:F2023N00504:clause:1_6
Version: federal_register_of_legislation:F2023N00504
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 2369–2927

6  Approval of application
 (1) Under paragraph 14(1)(a) of the Act, each applicant covered by subsection (2) is granted approval:
 (a) to hold more than a 20% stake in a financial sector company covered by subsection (3); and
 (b) to hold no more of the stake specified in the financial sector company as is specified in subsection (3).
 (2) For the purposes of subsection (1), an applicant is covered by this subsection if the applicant is listed in an item of the following table:

Item  Name of applicant                        ABN of applicant (if any)