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interests in Australian urban land by foreign persons if:
     (a) section 5a of the amended Act were omitted; and
     (b) paragraph 12a (1) (c) of the amended Act did not apply to interests as licensee.
(3) In this section, "amended Act" means the Principal Act as amended by this Act.
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SCHEDULE Section 31

AMENDMENT OF ACTS

Administrative Decisions (Judicial Review) Act 1977

Paragraph (h) of Schedule 1:
Omit "Foreign Takeovers Act 1975", substitute "Foreign Acquisitions and Takeovers Act 1975".

Management and Investment Companies Act 1983

Paragraph 21 (2) (b):
Omit "Foreign Takeovers Act 1975", substitute "Foreign Acquisitions and Takeovers Act 1975".

NOTE
 1. No. 92, 1975, as amended. For previous amendments, see No. 93, 1976; No. 19, 1979; and No. 74, 1981.

[Minister's second reading speech made in—
      House of Representatives on 9 November 1988
      Senate on 25 November 1988]