CTHIn ForceLegislation
Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020
11Components for working out the fee if the value of the consideration is more than the fee constant
Start here
Get a plain-English read of 11
Turn the raw legal text into a practical explanation grounded in Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020.
11 Components for working out the fee if the value of the consideration is more than the fee constant
(1) For the purposes of item 2 of the table in section 10, round down the result of the following formula to the nearest whole number: Start formula start fraction Value of the consideration for the action minus $1 over Fee constant end fraction end formula (2) For the purposes of item 3 of the table in section 10, round down the result of the following formula to the nearest whole number: Start formula start fraction Value of the consideration for the action over Fee constant end fraction end formula