s 34

Requirement to notify the Minister about proposals to enter non‑core foreign arrangements

In force

(1)

If:

(a)

a State/Territory entity proposes to enter an arrangement with a foreign entity; and

(b)

the arrangement is a non‑core foreign arrangement;

then it must give a notice to the Minister in accordance with subsection (2).

Note:

If the State/Territory entity enters the arrangement, it is required to give the Minister another notice about that (see section 38).

(2)

The notice must:

(a)

be in writing; and

(b)

be in the approved form (if any); and

(c)

be accompanied by a copy of the proposed arrangement; and

(d)

include any information prescribed by the rules; and

(e)

be accompanied by any documents prescribed by the rules; and

(f)

be given in the approved way (if any); and

(g)

be given in the period (if any) prescribed by the rules.

(3)

Subsection (1) does not apply to an exempt arrangement.

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