Foreign Investment Reform (Protecting Australia's National Security) Regulations 2020 (F2020L01568)
Schedule 1 National security
Foreign Acquisitions and Takeovers Regulation 2015
35 After section 61
Insert:
61A Time limit for taking action specified in notice imposing conditions
For the purposes of paragraph 79H(6)(a) of the Act, the period prescribed is 12 months.
Note: An action to which a notice imposing conditions relates must be taken before the end of that 12-month period or that period as extended under the Act.
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