Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 79J

Variation of notice imposing conditions

    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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