Foreign Acquisitions and Takeovers Act 1975

PART 7A - THE REGISTER OF FOREIGN OWNERSHIP OF AUSTRALIAN ASSETS  

Division 2 - The Register of Foreign Ownership of Australian Assets  

SECTION 130Z   REGULATIONS MAY EXTEND TIME FOR GIVING NOTICE  

130Z(1)    
The regulations may make provision for and in relation to extending the period in paragraph 130W(2)(b) in which a register notice must be given to the Registrar.

130Z(2)    
Without limiting subsection (1), regulations made for the purposes of that subsection may do any of the following:

(a)    provide for extensions that apply only if conditions are met, and provide for the Treasurer to impose such conditions generally, or in particular cases;

(b)    provide for extensions that apply to specified persons;

(c)    confer a power to make a decision of an administrative character on the Treasurer;

(d)    confer a power on the Treasurer to make a legislative instrument providing for anything that may, under this section (other than this paragraph), be provided for by the regulations.


 

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