Document ID: chunk:federal_register_of_legislation:C2015A00147:clause:1_12bl
Version: federal_register_of_legislation:C2015A00147
Segment Type: clause
Provision Reference: sch 1 cl 12BL
Character Range: 4864–5783

12BL  Contracts to which this Subdivision does not apply
 (1) This Subdivision does not apply to a contract that is the constitution of a company, managed investment scheme or other kind of body.
 (2) This Subdivision does not apply to a small business contract to which a prescribed law of the Commonwealth, a State or a Territory applies.
 (3) Before the Governor‑General makes a regulation prescribing a law for the purposes of subsection (2):
 (a) the Minister must be satisfied that the law provides enforceable protections for businesses employing fewer than 20 persons that are equivalent to the protections provided by this Subdivision together with Subdivision G; and
 (b) the Minister must take into consideration:
 (i) any detriment to businesses of that kind resulting from prescribing the law; and
 (ii) the impact on business generally resulting from prescribing the law; and
 (iii) the public interest.