Foreign Acquisitions and Takeovers Act 1975

PART 3 - POWERS OF TREASURER  

Division 3 - Last resort powers: orders to deal with national security risks arising after an initial assessment  

Subdivision C - Other powers of Treasurer  

SECTION 79G  

79G   VARYING OR REVOKING CONDITIONS OF NO OBJECTION NOTIFICATION  

If a person was given a no objection notification in relation to an action, the Treasurer may decide to vary the no objection notification by:

(a)    revoking a condition; or

(b)    imposing a new condition; or

(c)    varying an existing condition; or

(d)    varying the information specified under section 76 ;

if the Treasurer is satisfied that the variation is reasonably necessary for purposes relating to eliminating or reducing the national security risk relating to the action.