Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)

Schedule 3   Miscellaneous amendments

Part 3   Amendments relating to instruments

Division 1   Amendments

Financial Sector (Shareholdings) Act 1998

186   After subsection 16(2)

Insert:

(2A) If, because of an approval under section 14, another approval is taken to be in force under section 19 or 19A, the other approval is subject to such conditions (if any) as:

(a) are specified in the instrument of approval under section 14; and

(b) are expressed to apply to approvals taken to be in force under section 19 or 19A.