Commonwealth Numbered Regulations

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FOREIGN ACQUISITIONS AND TAKEOVERS FEES IMPOSITION REGULATIONS 2020 (F2020L01648) - REG 50

Amount of the adjusted fees for the applicable actions

             (1)  The amount worked out under this section for the applicable actions is the sum of each amount worked out by applying subsection (2) to each of the following groups of one or more actions making up the applicable actions (the action groups ):

                     (a)  those of the applicable actions (if any) that are not reviewable national security actions;

                     (b)  those of the applicable actions (if any) that are reviewable national security actions.

             (2)  The amount worked out under this subsection for an action group is the sum of the following:

                     (a)  any amount worked out under section 51 for the action group;

                     (b)  any amount worked out under section 52 for the action group;

                     (c)  if one or more of the actions in the action group are actions covered by:

                              (i)  paragraph 56(1)(b) of the Foreign Acquisitions Regulation; or

                             (ii)  paragraph 55B(1)(a) or 55E(2)(a) of the Foreign Acquisitions Act;

                            an amount equal to the fee that would otherwise apply under this instrument for a single action of that kind;

                     (d)  if one or more of the actions in the action group are actions covered by:

                              (i)  paragraph 40(2)(d) or (e) or 41(2)(c) of the Foreign Acquisitions Act; or

                             (ii)  subparagraphs 55D(2)(a)(ii) or (iii) or 55E(1)(a)(iii) of that Act;

                            an amount equal to the fee that would otherwise apply under this instrument for a single action of that kind.

Note 1:       The actions referred to in paragraph (c) are about starting certain Australian businesses.

Note 2:       The actions referred to in paragraph (d) are about the affairs of certain entities or businesses.



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