Foreign Acquisitions and Takeovers Fees Imposition Amendment (Fee Doubling) Regulations 2022 (F2022L00999)

Schedule 1   Amendments

Part 1   Main amendments

Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020

24   After Part 5

Insert:

Part 5A - Fee cap

61A Fee cap

(1) This section applies in relation to a fee imposed by section 5 of the Act if, apart from this section, the amount of the fee worked out under this instrument would exceed the amount (the fee cap ) referred to in subsection 6(3) of the Act (as indexed under section 7 of the Act).

(2) Despite anything else in this instrument, the amount of the fee is equal to the fee cap.