PART 1
-
PRELIMINARY
History
Pt 1 heading substituted by No 150 of 2015, s 3, Sch 1
[
2] (effective 1 December 2015).
For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.
Division 2
-
Definitions
History
Div 2 heading inserted by No 150 of 2015, s 3, Sch 1
[
3] (effective 1 December 2015).
For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.
Subdivision B
-
Some defined terms and rules of interpretation
History
Subdiv B heading inserted by No 150 of 2015, s 3, Sch 1
[
3] (effective 1 December 2015).
For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.
SECTION 8A
MEANING OF STARTS A NATIONAL SECURITY BUSINESS
8A(1)
A foreign person
starts a national security business
if the foreign person starts to carry on a national security business.
8A(2)
Despite subsection (1), if a foreign person carries on a national security business, the person does not
start a national security business
merely because the foreign person, alone or together with one or more persons, establishes a new entity:
(a)
that carries on the same national security business; or
(b)
for the purposes of acquiring interests in assets of the same national security business.
History
S 8A inserted by No 114 of 2020, s 3, Sch 1[27] (effective 1 January 2021).
For application and transitional provisions by No 114 of 2020, Sch 1 items 227 to 250, see Transitional Information under this Act.