Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:1_232
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 1 cl 232
Character Range: 175339–176829

232  Application—no objection notifications

No objection notifications
(1) The amendments of sections 74 and 75 of the Foreign Acquisitions and Takeovers Act 1975 made by this Schedule (other than item 120) apply in relation to an action taken, or proposed to be taken, on or after 1 January 2021.

Variation of no objection notifications
(2) The amendment of section 74 of the Foreign Acquisitions and Takeovers Act 1975 made by item 120 of this Schedule applies in relation to a no objection notification given on or after 1 January 2021, unless it is given in respect of a significant action that is notified to the Treasurer before 1 January 2021.
(3) Paragraph 76(8)(a) of the Foreign Acquisitions and Takeovers Act 1975, as inserted by this Schedule, applies in relation to a no objection notification given on or after 1 January 2021, unless it is given in respect of a significant action that is notified to the Treasurer before 1 January 2021.
(4) Paragraph 76(8)(b) of the Foreign Acquisitions and Takeovers Act 1975, as inserted by this Schedule, applies in relation to a no objection notification given on or after 1 January 2021.

Content of no objection notifications
(5) The amendment of subsection 76(1) of the Foreign Acquisitions and Takeovers Act 1975 made by this Schedule applies in relation to a no objection notification given on or after 1 January 2021, unless it is given in respect of a significant action that is notified to the Treasurer before 1 January 2021.