(1) This instrument applies in relation to fees that become payable on or after 1 January 2021.
Note: This covers, for example, a fee mentioned in section 27 for an application made on or after 1 January 2021 under subsection 76(6) of the Foreign Acquisitions Act for a variation of a no objection notification given before 1 January 2021.
(2) Despite the repeal of the Foreign Acquisitions and Takeovers Fees Imposition Regulation 2015 by this instrument, that Regulation continues to apply in relation to fees that become payable before 1 January 2021.