Document ID: chunk:federal_register_of_legislation:C2020A00116:section:30
Version: federal_register_of_legislation:C2020A00116
Segment Type: section
Provision Reference: s 30
Character Range: 42222–43688

30  Arrangements that purport to be legally binding under Australian law
 (1) If:
 (a) a core State/Territory entity enters an arrangement with a core foreign entity in contravention of subsection 22(1); and
 (b) the arrangement purports to be legally binding under an Australian law;
then this section applies to the arrangement.
 (2) The arrangement is, and is taken to have always been, invalid and unenforceable.
 (3) The core State/Territory entity must:
 (a) within 14 days, or such longer period (if any) prescribed by the rules, notify the core foreign entity that:
 (i) this section applies to the arrangement; and
 (ii) the arrangement is, and is taken to have always been, invalid and unenforceable; and
 (b) as soon as practicable after it has complied with paragraph (a), notify the Minister, in writing, of its compliance with that paragraph.
 (4) The core State/Territory entity must not, at any time:
 (a) give effect to the arrangement; or
 (b) hold out, or conduct itself on the basis, that:
 (i) it can give effect to the arrangement; or
 (ii) the arrangement is valid or enforceable.
 (5) The core foreign entity must not, from the time it is notified under subsection (3) that this section applies to the arrangement:
 (a) give effect to the arrangement in Australia; or
 (b) hold out in Australia, or conduct itself in Australia on the basis, that:
 (i) it can give effect to the arrangement; or
 (ii) the arrangement is valid or enforceable.