Foreign Investment Reform (Protecting Australia's National Security) Act 2020 (114 of 2020)

Schedule 1   Main amendments

Part 3   Application and transitional provisions

Division 1   National security reviews and last resort power

230   Application - prohibition orders

The amendments of sections 67 and 70 of the Foreign Acquisitions and Takeovers Act 1975 made by this Schedule apply in relation to an action proposed to be taken on or after 1 January 2021, unless the action is a significant action that is notified to the Treasurer before 1 January 2021.