Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020
32Certificates under section 59 of the Foreign Acquisitions Act (about established dwellings) or residential land (other than established dwellings) certificates
Start here
Get a plain-English read of 32
Turn the raw legal text into a practical explanation grounded in Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020.
32 Certificates under section 59 of the Foreign Acquisitions Act (about established dwellings) or residential land (other than established dwellings) certificates
For an application for: (a) an exemption certificate under section 59 of the Foreign Acquisitions Act (about established dwellings) for an action; or (b) a residential land (other than established dwellings) certificate for an action; the amount of the fee is equal to the fee that would be worked out under Division 2 if that action were covered by that Division.
Note 1: When a person applies for both of these kinds of certificates for a single proposed acquisition, the fee for the second application is adjusted (see section 34).
Note 2: A residential land (other than established dwellings) certificate is issued under section 43B of the Foreign Acquisitions Regulation.