(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.