Document ID: chunk:federal_register_of_legislation:C2024C00844:section:69
Version: federal_register_of_legislation:C2024C00844
Segment Type: section
Provision Reference: s 69
Character Range: 159482–160941

69  Disposal orders
 (1) The Treasurer may, by notifiable instrument, make an order under subsection (2) if the Treasurer is satisfied that:
 (a) a significant action (other than a significant action covered by subparagraph (1A)(a)(ii)) has been taken; and
 (b) the result of the significant action is contrary to the national interest.
Note: See also sections 70 (limitation on making disposal orders) and 77 (time limit on making orders and decisions).
 (1A) The Treasurer may, by notifiable instrument, make an order under subsection (2) if the Treasurer is satisfied that:
 (a) an action of any of the following kinds has been taken:
 (i) a notifiable national security action that is not a significant action;
 (ii) an action in respect of which the Treasurer has given a notice under subsection 66A(4);
 (iii) a reviewable national security action that is notified to the Treasurer; and
 (b) the result of the action is contrary to national security.
Note: See also sections 70 (limitation on making disposal orders) and 77 (time limit on making orders and decisions).
 (2) The Treasurer may make an order in accordance with the following table.

Powers of Treasurer to require disposal of interests
Item                                                  If the action was …                                                                                                                                        the Treasurer may make an order directing …