Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:1_8
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 1 cl 8
Character Range: 104269–105907

8                                                     to take any significant action prescribed by regulations made for the purposes of section 44                                                               a specified person to do a thing prescribed by regulations made for the purposes of this item.

Orders made under table item 7
 (3) Without limiting item 7 of the table in subsection (2):
 (a) a foreign person is taken to have acquired an interest in Australian land if the person becomes (with or without the knowledge of the person) a beneficiary in a trust that consists of or includes the interest; and
 (b) if the trust is a discretionary trust—a reference to the disposal of the interest of the foreign person is a reference to the disposal of any assignable benefits in relation to that trust that may ultimately vest in that foreign person.

Orders made under table items 2, 3, 4 or 6
 (4) Before the end of a period specified in an order made under any of items 2, 3, 4 or 6 of the table in subsection (2) (or that period as extended under a previous application of this subsection), the Treasurer may, in writing, extend the period. The order has effect as if the period as extended had been specified in the order.

Automatic revocation of no objection notification or notice imposing conditions
 (5) If the Treasurer makes an order under subsection (2), any no objection notification or notice imposing conditions given in relation to the action is revoked by force of this subsection on the day that the order commences.
Note: For when an order commences, see section 79M.

Subdivision C—Other powers of Treasurer