Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 44

Meaning of significant action --actions prescribed by the regulations

  (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).

  (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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