Document ID: chunk:federal_register_of_legislation:C2020A00116:section:43:p2
Version: federal_register_of_legislation:C2020A00116
Segment Type: section
Provision Reference: s 43 (pt 2/2)
Character Range: 69330–71218

subsection in relation to the arrangement; and
 (ii) the arrangement is required to be varied or terminated in accordance with any specified requirements;
  and give the foreign entity a copy of the declaration; and
 (b) the State/Territory entity must, in accordance with any specified requirements, vary or terminate the arrangement; and
 (c) the State/Territory entity must, as soon as practicable after complying with paragraph (a) or (b), notify the Minister, in writing, of its compliance with that paragraph; and
 (d) the State/Territory entity must not, to the specified extent and from the specified day:
 (i) give effect to the arrangement; or
 (ii) hold out, or conduct itself on the basis, that it can give effect to the arrangement; and
 (e) the foreign entity must not, to the specified extent and from the specified day:
 (i) give effect to the arrangement in Australia; or
 (ii) hold out in Australia, or conduct itself in Australia on the basis, that it can give effect to the arrangement.

Compliance with declaration
 (4) The State/Territory entity must comply with the declaration to the extent that it applies to the entity.
 (5) The foreign entity must comply with the declaration:
 (a) if it has been a given a copy of the declaration as required by paragraph (2)(b) or (3)(a); and
 (b) to the extent that the declaration applies to the entity.

Matters relating to declaration
 (6) For the purposes of paragraph (3)(b), the declaration may require that the arrangement be varied or terminated:
 (a) in accordance with any variation or termination clause of the arrangement; or
 (b) in accordance with any other requirements; or
 (c) in accordance with any variation or termination clause and other requirements.
 (7) A declaration made under subsection (2) or (3) is not a legislative instrument.

Subdivision D—Matters relating to declarations under this Division