s 13
In forceExemptions from section 12
13 Exemptions from section 12
(1)
The Minister, with the Treasurer’s concurrence, may by order exempt a transaction or class of transaction from the operation of section 12 either unconditionally or on specified conditions.
(2)
An order under subsection (1) may be revoked or amended by the Minister with the Treasurer’s concurrence.
(3)
The Minister must, within 14 days after an order under subsection (1) or (2) is made, cause a copy of it to be laid before each House of Parliament or be dealt with in accordance with section 36.
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