Commonwealth Numbered Regulations Commonwealth Numbered RegulationsFor item 6 of the table in subsection 7(1) of the Act, the amount of the fee for giving a notice of a notifiable action prescribed by Division 1 of Part 5 of the Foreign Acquisitions Regulation is worked out under the following table.
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Fees for giving notice of notifiable actions |
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Item |
If the notifiable action is ... |
the amount of the fee is ... |
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1 |
(a) to acquire an interest of at least 5% in an entity or business that wholly or partly carries on an Australian media business (see section 55 of the Foreign Acquisitions Regulation); or (b) for a foreign government investor to acquire a direct interest in an Australian entity or Australian business (see paragraph 56(1)(a) of the Foreign Acquisitions Regulation) |
(a) if the consideration for the acquisition is $1 billion or less--$25 000; and (b) otherwise--$100 000. |
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2 |
for a foreign government investor to: (a) start an Australian business (see paragraph 56(1)(b) of the Foreign Acquisitions Regulation); or (b) to acquire a legal or equitable interest in a tenement (see subparagraph 56(1)(c)(i) of the Foreign Acquisitions Regulation); or (c) to acquire an interest of at least 10% in securities in a mining, production or exploration entity (see subparagraph 56(1)(c)(ii) of the Foreign Acquisitions Regulation) |
$10 000. |