Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:1_174
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 1 cl 174
Character Range: 137835–138601

174  Subsection 94(2)
Repeal the subsection, substitute:
 (2) If:
 (a) a foreign person gives a notice to the Treasurer stating that any of the following actions are proposed to be taken:
 (i) a significant action (including a significant action that is a notifiable action) that is a residential land acquisition;
 (ii) a notifiable national security action that is a residential land acquisition;
 (iii) a reviewable national security action that is a residential land acquisition; or
 (b) both:
 (i) a foreign person proposes to take an action that is a residential land acquisition; and
 (ii) the Treasurer has given a notice under subsection 66A(4) in relation to the action;
the foreign person must not take the action before the day mentioned in section 82.