Commonwealth Numbered Regulations

FOREIGN ACQUISITIONS AND TAKEOVERS FEES IMPOSITION REGULATION 2015 (SLI NO 215 OF 2015) - REG 4

Note:          A number of expressions used in this instrument are defined in the following (see subsection 4(2) of the Act):

(a)    the Act (including the expressions Foreign Acquisitions Act and internal reorganisation);

(b)    the Foreign Acquisitions Act (including the expressions Australian business, Australian entity, exemption certificate, foreign government investor and notifiable action);

(c)    the Foreign Acquisitions Regulation (including the expressions Australian media business, consideration, direct interest and starts an Australian business).

                   In this instrument:

"Act " means the Foreign Acquisitions and Takeovers Fees Imposition Act 2015 .

"Foreign Acquisitions Regulation " means the Foreign Acquisitions and Takeovers Regulation 2015 .

"wholly-owned group " has the meaning given by the Income Tax Assessment Act 1997 (with appropriate changes).