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Aboriginal and Torres Strait Islander Act 2005
193QForeign subsidiaries
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#### 193Q Foreign subsidiaries
No foreign subsidiaries
(1) The Indigenous Land and Sea Corporation must take all reasonable steps to ensure that a company incorporated in a foreign country does not become a subsidiary of the Indigenous Land and Sea Corporation.
Exception—Minister’s consent
(2) Subsection (1) does not apply if the Minister has given written consent to the company becoming or being a subsidiary of the Indigenous Land and Sea Corporation.