Commonwealth Numbered Regulations

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FOREIGN ACQUISITIONS AND TAKEOVERS FEES IMPOSITION REGULATIONS 2020 (F2020L01648) - REG 45

Acquisition was covered by another kind of exemption certificate

                   If the relevant acquisition was covered by an exemption certificate of a kind not mentioned in section 44 , the amount of the vacancy fee is equal to:

                     (a)  the fee worked out under Division 7 of Part 2 that was payable by the person when applying for that certificate; or

                     (b)  if the fee mentioned in paragraph (a) was waived--the amount of the lowest fee worked out under that Division that can be payable by a person when applying for a certificate of that kind.



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