Foreign Acquisitions and Takeovers Act 1975

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

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History

Pt 7A inserted by No 114 of 2020, s 3, Sch 3[8] (effective 1 January 2021).

For application and transitional provisions by No 114 of 2020, Sch 3 Pt 4, see Transitional Information under this Act.

Division 3 - Requirements to give register notices to the Registrar  

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History

Div 3 inserted by No 114 of 2020, s 3, Sch 3[8] (effective 1 January 2021).

For application and transitional provisions by No 114 of 2020, Sch 3 Pt 4, see Transitional Information under this Act.

Subdivision E - Requirements relating to persons who die, or corporations that are wound up, before notice is given  

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History

Subdiv E inserted by No 114 of 2020, s 3, Sch 3[8] (effective 1 January 2021).

For application and transitional provisions by No 114 of 2020, Sch 3 Pt 4, see Transitional Information under this Act.

SECTION 130ZS   REQUIREMENT FOR EXECUTOR OR ADMINISTRATOR TO GIVE NOTICE FOR PERSON WHO DIES BEFORE GIVING NOTICE  

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130ZS(1)    
If a person who is required to give a register notice to the Registrar under a provision of this Division dies before giving the notice, the executor or administrator of the person ' s estate must give the register notice in accordance with the provision.

Note: The executor or administrator may also be required to give a register notice or notices under subsection 130ZR(4) .

130ZS(2)    
Despite the provision of this Division mentioned in subsection (1) :

(a)    

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no registered circumstance exists because of a register notice under subsection (1) ; and

(b)    

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the registrable event day for a register notice under subsection (1) is the day the executor or administrator is appointed.

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History

S 130ZS(2) amended by No 69 of 2023, s 3, Sch 4[6] and [ 7] (effective 15 September 2023).

S 130ZS inserted by No 114 of 2020, s 3, Sch 3[8] (effective 1 January 2021).

For application and transitional provisions by No 114 of 2020, Sch 3 Pt 4, see Transitional Information under this Act.

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