Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:3_130zj
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 3 cl 130ZJ
Character Range: 297231–298205

130ZJ  Foreign person takes action that is a notifiable action under section 47—entities and businesses
 (1) A foreign person must give a register notice to the Registrar if the foreign person takes an action:
 (a) that is a notifiable action under section 47; and
 (b) to which paragraph 47(2)(a) (acquiring direct interest in Australian entity or business that is an agribusiness) or (b) (acquiring substantial interest in Australian entity) applies.
Note: This section applies to actions taken on or after the Register commencement day (see subsection (5)).
 (2) If a foreign person gives a register notice under this section in relation to an action mentioned in subsection (1), the following table has effect.

When registered circumstances exist and cease
Item                                           A registered circumstance under this section exists in relation to the foreign person if …                                   The registered circumstance ceases if …