Document ID: chunk:federal_register_of_legislation:F2015L01884:reg:5
Version: federal_register_of_legislation:F2015L01884
Segment Type: reg
Provision Reference: reg 5
Character Range: 2330–3412

5  Notices given under the Policy before commencement
 (1) This section applies in relation to a notice given under the Policy before commencement if:
 (a) subitem 2(1) of Schedule 3 to the Act applies to the notice; and
 (b) a decision in relation to the notice has not been made immediately before commencement.
Note: For the purposes of the Foreign Acquisitions and Takeovers Act 1975 (as in force after commencement), a notice given under the Policy before commencement is taken, after commencement, to be a notice that a significant action (that is not a notifiable action) is proposed to be taken.
 (2) For the purposes of section 77 of the Foreign Acquisitions and Takeovers Act 1975 (as in force after commencement), the notice is taken to have been given on commencement.
Note: Section 77 of the Foreign Acquisitions and Takeovers Act 1975 (as in force after commencement) provides that certain action by the Treasurer in relation to these and other notices can only be taken within a certain period after they are given.

Part 3—Applications for exemption certificates