Foreign Acquisitions and Takeovers Act 1975
If a person was given a notice imposing conditions in relation to an action, the Treasurer may decide to vary the notice imposing conditions 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 79H ;
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.
Note: See also sections 79P (variation with consent or without disadvantage) and 79Q (variation on application).
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