Foreign Acquisitions and Takeovers Fees Imposition Amendment (Fee Indexation) Regulations 2021 (F2021L00834)

Schedule 1   Amendments

Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020

1   Subsection 59(4)

Repeal the subsection, substitute:

(4) If the indexed amount worked out under subsection (2) (after any rounding under subsection (3)) is:

(a) for the financial year starting on 1 July 2021 - less than the amount (the original amount ) to be indexed on that day, the indexed amount for that financial year is the original amount; or

(b) for any later financial year (the current year ) - less than the indexed amount for the previous financial year, the indexed amount for the current year is the indexed amount for the previous financial year.