Foreign Acquisitions and Takeovers Fees Imposition Amendment Act 2024 (17 of 2024)

Schedule 2   Amendments of the regulations

Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020

25   Subsection 33(3) (table item 1)

Repeal the item, substitute:

1

actions involving acquisitions of interests in residential land on which there are no established dwellings (the residential land (other than established dwellings) actions )

what would be the fee under Subdivision B of Division 2 if the residential land (other than established dwellings) actions were replaced by a single action covered by that Subdivision:

(a) for the acquisition of an interest in residential land on which there are no established dwellings; and

(b) for which the value of the consideration was equal to the sum of the values of the consideration for the residential land (other than established dwellings) actions

1A

actions involving acquisitions of interests in residential land on which there is at least one established dwelling (the residential land (established dwellings) actions )

what would be the fee under Subdivision B of Division 2 if the residential land (established dwellings) actions were replaced by a single action covered by that Subdivision:

(a) for the acquisition of an interest in residential land on which there is at least one established dwelling; and

(b) for which the value of the consideration was equal to the sum of the values of the consideration for the residential land (established dwellings) actions