CTHIn ForceLegislation
Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020
42Fees covered by this Part
Start here
Get a plain-English read of 42
Turn the raw legal text into a practical explanation grounded in Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020.
42 Fees covered by this Part
(1) For the purposes of subsection 6(1) of the Act, this Part enables the working out of the amount of a vacancy fee payable by a person in relation to each dwelling on residential land in which the person has acquired an interest. (2) That acquisition of the interest in the residential land is the relevant acquisition.