(1) In this Part,
unless the contrary intention appears —
foreign acquirer means —
(a) in
relation to a foreign landholder acquisition to which section 205ZH(1)(a)(i)
applies —
(i)
a foreign person that acquires an interest in a
residential landholder by the acquisition; and
(ii)
if there is more than 1 person referred to in
subparagraph (i), each of them;
or
(b) in
relation to a foreign landholder acquisition to which section 205ZH(1)(a)(ii)
applies —
(i)
a foreign person that is a related person in respect of
the acquirer of the interest in the residential landholder and has an interest
in the residential landholder immediately after the acquisition; and
(ii)
if there is more than 1 person referred to in
subparagraph (i), each of them.
foreign landholder acquisition has the meaning
given in section 205ZH;
residential landholder means an entity that is a
residential landholder under section 205ZG.
(2) Unless the
contrary intention appears, a reference in this Part to a provision of Chapter
3 that is applied by section 205ZE(1) is a reference to that provision as so
applied.
[Section 205ZD inserted: No. 24 of 2018 s. 8;
amended: No. 12 of 2019 s. 108.]
[Heading inserted: No. 24 of 2018 s. 8.]