Commonwealth Numbered Regulations Commonwealth Numbered RegulationsReviewable national security actions--interests in entities, businesses or land, issuing securities, or starting an Australian business
(1) The amount of the fee for giving notice to the Treasurer of a proposal to take a reviewable national security action covered by an item of the following table is equal to 25% of the fee that would be worked out under Division 2 if the action were an action:
(a) covered by that Division; and
(b) of the kind set out in column 2 of that table item.
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Fees for giving notice of a proposal to take a reviewable national security action | ||
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Column 1 If the reviewable national security action is: |
Column 2 for the purposes of Division 2, treat the action as being: | |
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1 |
(a) to acquire an interest of any percentage in an entity or an Australian business; or (b) to issue securities in an entity; or (c) to acquire an interest in the assets of an Australian business |
an action covered by paragraph 47(2)(a) or (b) of the Foreign Acquisitions Act (about acquisitions of interests in certain entities) |
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2 |
to start an Australian business |
an action to which section 12 of this instrument applies |
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3 |
to acquire an interest in Australian land that is residential land |
an action to acquire an interest in residential land |
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4 |
to acquire an interest in Australian land that is agricultural land |
an action to acquire an interest in agricultural land |
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5 |
to acquire an interest in Australian land that is 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) |
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6 |
to acquire an interest in Australian land that is a mining or production tenement |
an action to acquire an interest in a mining or production tenement |
Reviewable national security actions--to enter or terminate certain agreements, or to alter constituent documents
(2) If the reviewable national security action is any of the following:
(a) to enter an agreement as mentioned in subparagraph 55D(2)(a)(ii) of the Foreign Acquisitions Act;
(b) to alter a constituent document of an entity as mentioned in subparagraph 55D(2)(a)(iii) of that Act;
(c) to enter or terminate a significant agreement with an Australian business as mentioned in subparagraph 55E(1)(a)(iii) of that Act;
the amount of the fee is equal to 25% of the fee that would be worked out under section 16 of this instrument if the action were an action covered by that section.