Foreign Acquisitions and Takeovers Act 1975

PART 2 - ACTIONS TO WHICH THIS ACT APPLIES  

Division 5 - Exemption certificates  

SECTION 60   OTHER MATTERS THAT MAY BE SPECIFIED BY EXEMPTION CERTIFICATES  

60(1)    
An exemption certificate may specify:


(a) one or more conditions; and


(b) a period during which the certificate is in force; and


(c) any other matter.

Note 1: For offences and civil penalties for failing to comply with a condition, see Part 5 .

Note 2: An example of a condition that may be specified in an exemption certificate is a condition requiring that an interest or kind of interest be acquired in land within a specified area.


60(2)    


An exemption certificate may:

(a)    in respect of a certificate taken to be given under section 57 , 58 or 59 - deal with the interests or kinds of interests to which the certificate relates; or

(b)    in respect of a certificate taken to be given under the regulations - deal with the interest or kinds of interests, or the action or kinds of actions, to which the certificate relates.





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