26Simplified outline of this Part

#### 26 Simplified outline of this Part This Part prescribes matters for sections 37 (regulations providing for exemptions) and 63 (exemption certificates provided for by the regulations) of the Act. Division 2 exempts certain interests entirely from the operation of the Act. Division 3 exempts the acquisition of certain interests from being significant actions, notifiable actions or notifiable national security actions. Those interests are, however, taken into account in determining whether a person is a foreign person for the purposes of the Act. Division 3 does not apply to an action that is a reviewable national security action. Division 4 provides exemptions relating to particular actions. The Division also deals with the effect of exemption certificates prescribed by this instrument. Division 4A exempts foreign persons from being liable to pay a vacancy fee in certain circumstances. Division 5 contains exemptions from various provisions for certain other limited purposes.