44Acquisition was covered by a new dwellings exemption certificate or a residential land (near‑new dwelling interests) certificate

44 Acquisition was covered by a new dwellings exemption certificate or a residential land (near‑new dwelling interests) certificate

(1) This section applies if the relevant acquisition was covered by: (a) an exemption certificate under section 57 (new dwellings) of the Foreign Acquisitions Act; or (b) a residential land (near‑new dwelling interests) certificate. (2) The amount of the vacancy fee is equal to double the fee that would be worked out under Division 2 of Part 2 of this instrument if the person had given notice of the relevant acquisition under section 81 of the Foreign Acquisitions Act.