FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 44 Meaning of significant action --actions prescribed by the regulations
FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 44
Meaning of significant action --actions prescribed by the regulations(1) The regulations may provide that a specified action is a significant action (including by providing that a specified action is a significant action if specified conditions are met).
(2) Sections 40, 41 and 43 do not limit the actions that may be specified by the regulations.
Note: For example, the regulations may specify an action without
requiring the threshold test to be met or a change in control.