Commonwealth Numbered Regulations Commonwealth Numbered Regulations
[1] Regulation 1
substitute
1 Name of Regulations
These Regulations are the Foreign Acquisitions and Takeovers (Notices) Regulations 1975 .
[2] Subregulation 4 (3)
substitute
(3) The prescribed form of notice under section 26A of the Act is:
(a) unless paragraph (b) applies -- Form 3 in the Schedule; and
(b) if a natural person acquires an interest in Australian residential land -- Form 4 in the Schedule.
[3] Paragraph 6 (b)
omit
or 26A
[4] Regulation 6, at the foot
insert
Note See section 27 of the Act for compliance with forms.
[5] Regulation 8
omit each mention of
25, 26 or 26A
insert
25 or 26
[6] Regulation 8, at the foot
insert
Note See section 27 of the Act for compliance with forms.
[ 7 ] Schedule, Forms 1 and 2
omit each mention of
Foreign Acquisitions and Takeovers (Notices) Regulations
insert
Foreign Acquisitions and Takeovers (Notices) Regulations 1975
[8] Schedule, Form 3, General Directions, items 1 to 3
substitute
1. Do not use this Notice for acquisitions of an interest in Australian residential land by a natural person. Such acquisitions are to be notified on Form 4.
2. The person providing this Notice must attach to the Notice such documents in the person's possession or control relating to or evidencing the agreement or arrangement to which the Notice relates.
3. Where the space provided in this Notice is insufficient to insert the required information, provide the additional information in a separate attachment to this Notice.
4. If this Notice is provided by a natural person, it must be signed:
(a) if the person is not ordinarily resident in Australia -- by that person or by his or her Australian agent; or
(b) in any other case -- by the person furnishing the Notice.
5. If this Notice is provided by a corporation, it must be signed by a person authorised in writing by the corporation to sign the Notice for and on behalf of the corporation.
[ 9 ] Schedule, after Form 3
insert
Form 4 Notice under section 26A
(paragraph 4 (3) (b))
Foreign Acquisitions and Takeovers Act 1975
NOTICE UNDER SECTION 26A
General Directions
1. All foreign persons acquiring an interest in Australian residential land in individual name(s) must complete and sign this Notice. Do not include persons who are not required to furnish a Notice under section 26A -- refer to regulation 3 of the Foreign Acquisitions and Takeovers Regulations 1989 for details of exempt acquisitions.
2. Do not use this Notice for other acquisitions such as:
* acquisitions of residential land that is being acquired in the name of a company or trust; or
* acquisitions of non-residential land.
Such acquisitions are to be notified on Form 3.
3. Where the space provided in this Notice is insufficient to insert the required information, provide the additional information in a separate attachment to this Notice.
4. This Notice must be signed by all foreign purchaser(s), or their Australian agent (as described in Part D of this Notice) .
Part A. Foreign purchaser(s)
1. Provide details of all foreign purchaser(s). If more than two, please submit additional Notice(s) as required.
Purchaser 1
|
Title |
Mr |
Mrs |
Ms |
Dr |
Other |
|
Family name..................................................................................................
Given names..................................................................................................
Date of birth (DD/MM/YYYY).......................................................................................................
Nationality.....................................................................................................
Passport number............................................................................................
Expiry date....................................................................................................
Name on passport (if different from above).....................................................
Current address.............................................................................................
.....................................................................................................................
Phone (office hours).......................................................................................
Phone (after hours)........................................................................................
Phone (mobile)..............................................................................................
Fax................................................................................................................
Email.............................................................................................................
Purchaser 2
|
Title |
Mr |
Mrs |
Ms |
Dr |
Other |
|
Family name..................................................................................................
Given names..................................................................................................
Date of birth (DD/MM/YYYY).......................................................................................................
Nationality.....................................................................................................
Passport number............................................................................................
Expiry date....................................................................................................
Name on passport (if different from above).....................................................
Current address.............................................................................................
.....................................................................................................................
Phone (office hours).......................................................................................
Phone (after hours)........................................................................................
Phone (mobile)..............................................................................................
Fax................................................................................................................
Email.............................................................................................................
Part B. Other Australian property holdings
2. Do any of the foreign purchasers in Part A currently own Australian property?
No
Yes Property address and/or FIRB reference number
.....................................................................................................................
3. Have any of the foreign purchasers in Part A submitted other foreign investment applications?
No
Yes Property address and/or FIRB reference number
.....................................................................................................................
Part C. Property details
4. Street address of the residential land being purchased
.....................................................................................................................
.....................................................................................................................
5. Land title details (if available)
Lot and plan...................................................................................................
Volume and folio............................................................................................
Other.............................................................................................................
6....... Expected purchase price of the property..........................................
7....... Are you purchasing the property at auction?
No
Yes Date of auction (DD/MM/YYYY) ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Part D. Australian agent (if applicable)
8. Provide details of any person you authorise to act on your behalf in submitting this Notice (such as a solicitor, conveyancer, real estate agent, family member or friend). All correspondence will be sent to that person, including the decision letter.
|
Title |
Mr |
Mrs |
Ms |
Dr |
Other |
|
Family name..................................................................................................
Given names..................................................................................................
Company (if applicable).................................................................................
Address for correspondence..........................................................................
.....................................................................................................................
Phone (office hours).......................................................................................
Phone (after hours)........................................................................................
Phone (mobile)..............................................................................................
Fax................................................................................................................
Email.............................................................................................................
Part E. Notice under section 26A
9 . I/We submit this notice under section 26A of the Act and I/we confirm that:
* I/we intend to acquire an interest in the residential land described in Part C;
* the acquisition is not exempt under the Foreign Acquisitions and Takeovers Regulations 1989 ;
* I/we have not entered an unconditional contract/agreement to acquire the land;
* the information provided in this Notice, and in any attachments, is complete and correct;
* I/we understand that it is a criminal offence subject to prosecution and possible fines and/or imprisonment to provide false or misleading information; and
* I/we consent to the Department of the Treasury accessing information about me/us held by other government departments or agencies (for example, the Australian Federal Police or the Department of Immigration and Citizenship).
|
|
Purchaser 1 |
|
Purchaser 2 |
|
Signature |
... ... ... ... ... ... ... ... ... ... .. |
|
... ... ... ... ... ... ... ... ... ... .. |
|
Date (DD/MM/YYYY) |
|
|
|
|
OR |
|
|
|
|
|
Australian agent (as identified in Part D) |
|
|
|
Signature |
... ... ... ... ... ... ... ... ... ... ... |
|
|
|
Date (DD/MM/YYYY) |
|
|
|