Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 55

Regulations

  (1)   Regulations made for the purposes of this Part may prescribe any of, or any combination of, the following:

  (a)   values of nil;

  (b)   different values for different kinds of entities, businesses or land;

  (c)   different values for different kinds of foreign persons;

  (d)   different values for:

  (i)   sensitive businesses generally; or

  (ii)   different sensitive businesses for different foreign persons.

Note:   Regulations may also provide for indexation (see subsection   139(2)).

  (2)   The paragraphs and subparagraphs in subsection   (1) do not limit:

  (a)   each other; or

  (b)   the regulations that may be made for the purposes of this Part; or

  (c)   subsection   33(3A) of the Acts Interpretation Act 1901 .



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