Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020
21Significant actions—acquiring certain interests in entities or businesses, or issuing securities in entities etc.
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21 Significant actions—acquiring certain interests in entities or businesses, or issuing securities in entities etc.
(1) The amount of the fee payable in accordance with item 5 of the table in subsection 113(1) of the Foreign Acquisitions Act for a significant action covered by any of the following provisions: (a) paragraph 40(2)(a) of that Act (about acquiring a direct interest in an Australian entity that is an agribusiness); (b) paragraph 40(2)(b) of that Act (about acquiring interests in securities in an entity); (c) paragraph 40(2)(c) of that Act (about issuing securities in an entity); (d) paragraph 41(2)(a) of that Act (about acquiring a direct interest in an Australian business that is an agribusiness); (e) paragraph 41(2)(b) of that Act (about acquiring interests in assets of an Australian business); (f) section 55 of the Foreign Acquisitions Regulation (about a foreign person acquiring an interest in an Australian media business); (g) paragraph 56(1)(a) of that Regulation (about a foreign government investor acquiring a direct interest in an Australian entity or Australian business) where the action is by a foreign government investor; (h) paragraph 56(1)(c) of that Regulation (about a foreign government investor acquiring certain mining interests) where the action is by a foreign government investor; is equal to the fee that would be worked out under Division 2 of this Part if the action were an action covered by that Division and by paragraph 47(2)(a) or (b) of the Foreign Acquisitions Act (about acquisitions of interests in certain entities). (2) The amount of the fee payable in accordance with item 5 of the table in subsection 113(1) of the Foreign Acquisitions Act for a significant action: (a) by a foreign government investor; and (b) covered by paragraph 56(1)(b) of the Foreign Acquisitions Regulation (about a foreign government investor starting an Australian business); is equal to the fee that would be worked out under section 12 of this instrument if the action were an action covered by that section.