Foreign Acquisitions and Takeovers Act 1975

This section applies if a person is required to give a register notice to the Registrar.

The person must give the notice:

in accordance with the data standards; and

before the end of 30 days after the registrable event day for the notice (or a longer period under section 130Z).

If:

a person gives a register notice to the Registrar; and

the giving of the notice would (but for this subsection) result in a registered circumstance existing in relation to the person; and

the registered circumstance would have ceased before the notice was given;

The data standards may require the register notice to include information relating to an event that results in a registered circumstance not existing under this subsection.

If:

a person gives a register notice to the Registrar; and

at the time the person gives the register notice, the person is not a foreign person;

The data standards may require the register notice to include information about whether the person is a foreign person at the time the notice is given.

The provisions of Division 3 (including any regulations made for the purposes of subsection 130ZU(1)) do not limit each other, and:

notice of a single event may need to be given under more than one provision or by more than one person; and

a single event may result in registered circumstances existing under more than one provision.

However, the data standards may provide for register notices under multiple provisions to be given in a single notice (see paragraph 130ZZ(2)(j)).