Foreign Acquisitions and Takeovers Act 1975

PART 2 - ACTIONS TO WHICH THIS ACT APPLIES  

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History

Pt 2 heading substituted by No 114 of 2020, s 3, Sch 1[55] (effective 1 January 2021).

For application and transitional provisions by No 114 of 2020, Sch 1 items 227 to 250, see Transitional Information under this Act.

Pt 2 substituted by No 150 of 2015, s 3, Sch 1[4] (effective 1 December 2015).

For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.

Division 2 - Meaning of significant action  

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Div 2 heading inserted by No 150 of 2015, s 3, Sch 1[4] (effective 1 December 2015).

For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.

SECTION 44   MEANING OF SIGNIFICANT ACTION - ACTIONS PRESCRIBED BY THE REGULATIONS  

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44(1)    
The regulations may provide that a specified action is a significant action (including by providing that a specified action is a significant action if specified conditions are met).

44(2)    
Sections 40 , 41 and 43 do not limit the actions that may be specified by the regulations.

Note: For example, the regulations may specify an action without requiring the threshold test to be met or a change in control.

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History

S 44 inserted by No 150 of 2015, s 3, Sch 1[4] (effective 1 December 2015).

For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.

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