23Significant actions—acquisitions of interests in Australian land

23 Significant actions—acquisitions of interests in Australian land

If: (a) item 5 of the table in subsection 113(1) of the Foreign Acquisitions Act applies for a significant action; and (b) the action is covered by section 43 of that Act; the amount of the fee payable in accordance with that item for the action 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.

Note: Example: The action is acquiring an interest in residential land. The fee is the same as the fee that would be worked out under Division 2 of this Part for an acquisition of an interest in residential land.