Commonwealth Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FOREIGN ACQUISITIONS AND TAKEOVERS REGULATION 2015 (SLI NO 217 OF 2015) - REG 43

Exemption certificates for certain interests in tenements and mining, production or exploration entities

             (1)  A foreign person may apply for a certificate under this section if the foreign person or any other foreign person proposes to acquire:

                     (a)  either:

                              (i)  one or more kinds of interests in a tenement; or

                             (ii)  one or more kinds of interests in securities in a mining, production or exploration entity; and

                     (b)  those kinds of interests are not interests in Australian land.

Note:          See also Part 6 (fees) and section 135 (manner of notification and application) of the Act.

             (2)  The Treasurer may give a certificate if the Treasurer is satisfied that acquisitions of those kinds of interests by that foreign person is not contrary to the national interest.

             (3)  The certificate must specify:

                     (a)  the person (who may not yet be incorporated or established) to whom the certificate relates; and

                     (b)  the kinds of interests to which the certificate relates.

Note:          For other things that the certificate may specify, see section 60 of the Act.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback