Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)

Schedule 3   Miscellaneous amendments

Part 3   Amendments relating to instruments

Division 1   Amendments

Financial Sector (Shareholdings) Act 1998

174   Subsection 14(2)

Repeal the subsection (not including the heading), substitute:

(2) If the Treasurer grants the application, the Treasurer must give written notice of the approval (including a copy of the instrument of approval) to:

(a) the applicant; and

(b) the company concerned; and

(c) in the case of an approval granted under paragraph (1)(b), if the company concerned is not the relevant licensed company for the approval - the relevant licensed company for the approval.