Commonwealth Numbered Regulations

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FOREIGN ACQUISITIONS AND TAKEOVERS FEES IMPOSITION REGULATIONS 2020 (F2020L01648) - REG 9

Finding the fee constant

                   The fee constant for a notifiable action is as follows:

 

Fee constant for a notifiable action

Item

For this kind of notifiable action:

the fee constant is:

1

acquiring an interest in residential land

$1 million

2

acquiring an interest in agricultural land

$2 million

3

(a) acquiring an interest in commercial land (whether the land is vacant or not); or

(b) acquiring an interest in a mining or production tenement; or

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

(d) an action covered by section 55 of the Foreign Acquisitions Regulation (about a foreign person acquiring an interest in an Australian media business); or

(e) an action by a foreign government investor and covered by paragraph 56(1)(a) of the Foreign Acquisitions Regulation (about a foreign government investor acquiring a direct interest in an Australian entity or Australian business); or

(f) an action by a foreign government investor and covered by paragraph 56(1)(c) of the Foreign Acquisitions Regulation (about a foreign government investor acquiring certain mining interests)

$50 million



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