Foreign Acquisitions and Takeovers Act 1975

PART 5 - OFFENCES AND CIVIL PENALTIES  

Division 4 - Miscellaneous  

Subdivision AD - Application of the Regulatory Powers Act - Enforceable undertakings  

SECTION 101D   PUBLICATION OF UNDERTAKINGS  

101D(1)    
If the Treasurer accepts an undertaking in relation to a provision mentioned in subsection 101C(1) , the Treasurer must ensure that the undertaking is published on a website maintained by the Department as soon as practicable after it is accepted.

101D(2)    
If an undertaking has not yet been published on a website maintained by the Department, the Treasurer may decide, in writing, that publishing the undertaking on such a website would be contrary to the national interest.

101D(3)    
If the Treasurer makes a decision under subsection (2) in relation to an undertaking, subsection (1) does not apply to the undertaking.

101D(4)    
A failure to comply with subsection (1) in relation to an undertaking does not affect the enforceability of the undertaking under Part 6 of the Regulatory Powers Act, as that Part applies in relation to the provisions of this Act.


 

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