Commonwealth Numbered Regulations

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FOREIGN ACQUISITIONS AND TAKEOVERS FEES IMPOSITION REGULATIONS 2020 (F2020L01648) - REG 13

Notifiable national security actions

                   The amount of the fee for giving notice under section 81 of the Foreign Acquisitions Act of a notifiable national security action covered by an item of the following table is equal to the fee that would be worked out under Subdivision B if the action were a notifiable action:

                     (a)  covered by that Subdivision; and

                     (b)  of the kind set out in column 2 of that table item.

 

Fees for giving notice of a notifiable national security action

Item

Column 1

If the notifiable national security action is:

Column 2

for the purposes of Subdivision B, treat the action as being:

1

to start a national security business

an action to which section 12 of this instrument applies

2

(a) to acquire a direct interest in a national security business; or

(b) to acquire a direct interest in an entity that carries on a national security business

an action covered by paragraph 47(2)(a) or (b) of the Foreign Acquisitions Act (about acquisitions of interests in certain entities)

3

to acquire an interest in Australian land that, at the time of acquisition, is:

(a) national security land; and

(b) residential land

an action to acquire an interest in residential land

4

to acquire an interest in Australian land that, at the time of acquisition, is:

(a) national security land; and

(b) agricultural land

an action to acquire an interest in agricultural land

5

to acquire an interest in Australian land that, at the time of acquisition, is:

(a) national security land; and

(b) commercial land (whether the land is vacant or not)

an action to acquire an interest in commercial land (whether the land is vacant or not)

6

to acquire an interest in Australian land that, at the time of acquisition, is:

(a) national security land; and

(b) a mining or production tenement

an action to acquire an interest in a mining or production tenement

7

to acquire an interest in an exploration tenement in respect of Australian land that, at the time of acquisition, is national security land

an action to acquire an interest in a mining or production tenement



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