8A
In forceMeaning of starts a national security business
Part 1Preliminary
Division 2Definitions
Subdivision BSome defined terms and rules of interpretation
8A Meaning of starts a national security business
(1)
A foreign person starts a national security business if the foreign person starts to carry on a national security business.
(2)
Despite subsection (1), if a foreign person carries on a national security business, the person does not start a national security business merely because the foreign person, alone or together with one or more persons, establishes a new entity:
(a)
that carries on the same national security business; or
(b)
for the purposes of acquiring interests in assets of the same national security business.
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