40Variations of exemption certificates

40 Variations of exemption certificates

(1) The amount of the fee, for a person’s application for a variation of an exemption certificate, is the lesser of: (a) the relevant amount in the following table; and (b) the amount of the fee for the person’s application for the exemption certificate.

<table cellspacing="0" cellpadding="0" style="width:100%; border-collapse:collapse"><thead><tr><td colspan="3" style="border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Fees for variations of exemption certificates</span></p></td></tr><tr><td style="width:8.58%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Item</span></p></td><td style="width:54.46%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>For this kind of application:</span></p></td><td style="width:36.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>the amount of the fee is:</span></p></td></tr></thead><tbody><tr><td style="width:8.58%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:54.46%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>an application that seeks only variations of an immaterial or minor nature</span></p></td><td style="width:36.96%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>$4,200</span></p></td></tr><tr><td style="width:8.58%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>2</span></p></td><td style="width:54.46%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>an application that seeks variations of which one or more are not of an immaterial or minor nature</span></p></td><td style="width:36.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>$28,200</span></p></td></tr></tbody></table>

Note: Each of the fee amounts in this table is subject to indexation.

(2) Despite subsection (1), a fee of nil is payable for an application by a person to vary a residential land (near‑new dwelling interests) certificate if, at the time of applying for the variation: (a) the person has applied for, or been given, an exemption certificate under section 57 of the Foreign Acquisitions Act (the section 57 certificate); and (b) the section 57 certificate and the residential land (near‑new dwelling interests) certificate, as it is to be varied, cover (or will cover) interests in relation to the same development. (3) Despite subsection (1), a fee of nil is payable for an application by a person to vary an exemption certificate under section 57 of the Foreign Acquisitions Act (the section 57 certificate) if, at the time of applying for the variation: (a) the person has applied for, or been given, a residential land (near‑new dwelling interests) certificate; and (b) the residential land (near‑new dwelling interests) certificate and the section 57 certificate, as it is to be varied, cover (or will cover) interests in relation to the same development.