Foreign Acquisitions and Takeovers Fees Imposition Regulation 2015
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(1) A fee of $2,000 is payable in relation to an action if: (a) the action is one of the following: (i) the acquisition by a foreign business person of an interest in residential land; (ii) the acquisition by a foreign person of an interest in Australian land other than residential land; (iii) the acquisition by a foreign person of an interest in securities in an entity; (iv) the acquisition by a foreign person of an interest in assets of an Australian business; (v) the acquisition by a foreign person of a legal or equitable interest in a tenement; and (b) the amount of the fee that would otherwise be payable is specified in one of the following provisions: (i) section 7 or 8 of the Act; (ii) item 1 of the table in subsection 7(1) of this instrument; (iii) paragraph (b) or (c) of item 2 of the table in section 7 of this instrument; and (c) before the acquisition, the foreign person or foreign business person (as the case may be) holds an interest of more than 50% in the land, entity, business or tenement.
Note 1: This fee may be indexed under section 12 of the Act.
Note 2: A higher fee may apply if the action may be characterised in more than one way (see subsection 9(2) of the Act).
(2) This section does not apply in relation to an action to which either of the following provisions apply: (a) section 10 of the Act (fees for internal reorganisations); (b) section 12 of this instrument (internal reorganisations by foreign government investors involving tenements).