Document ID: chunk:federal_register_of_legislation:C2024C00844:section:4:p8
Version: federal_register_of_legislation:C2024C00844
Segment Type: section
Provision Reference: s 4 (pt 8/10)
Character Range: 40651–43501

regulations made for the purposes of subsection 130ZU(1).
Note: This definition is affected by section 130X (interests acquired by entering agreements etc.).
registrable water entitlement has the meaning given by section 26A.
registrable water interest means:
 (a) a registrable water entitlement; or
 (b) a contractual water right of a person under a contract or deed whose term (including any extension or renewal) after the person starts to hold the right is reasonably likely to exceed 5 years.
Registrar means the eligible Registrar appointee appointed under section 130R.
Regulatory Powers Act means the Regulatory Powers (Standard Provisions) Act 2014.
relative has the same meaning as in the Income Tax Assessment Act 1997.
relevant Australian assets means:
 (a) Australian land, including legal and equitable interests (within the ordinary meaning of the term) in such land; or
 (b) securities in an Australian entity.
relevant entity means any of the following:
 (a) an Australian entity;
 (b) a foreign corporation:
 (i) that holds relevant Australian assets; or
 (ii) that is a holding corporation of one or more Australian corporations;
 (c) a holding entity of such a foreign corporation or of an Australian unit trust.
Note: A holding entity mentioned in paragraph (c) may be a foreign corporation of a kind that is not mentioned in paragraph (b).
residential land:
 (a) means land in Australia if:
 (i) there is at least one dwelling on the land; or
 (ii) the number of dwellings that could reasonably be built on the land is less than the number prescribed by the regulations; and
 (b) does not include land:
 (i) used wholly and exclusively for a primary production business; or
 (ii) on which the only dwellings are commercial residential premises.
residential land acquisition means a notifiable action to acquire an interest in residential land.
residential land (near‑new dwelling interests) certificate has the same meaning as in regulations made for the purposes of section 63 (exemption certificates provided for by the regulations).
residentially occupied has the meaning given by section 115C.
reviewable decision means a decision of the Treasurer under Division 3 of Part 3 that a national security risk exists in relation to an action.
reviewable national security action has the meaning given by Division 4B of Part 2.
scheme means:
 (a) any agreement, understanding, promise or undertaking:
 (i) whether express or implied; and
 (ii) whether or not enforceable, or intended to be enforceable, by legal proceedings; and
 (b) any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise.
Secretary means the Secretary of the Department.
security means a share in a corporation or a unit in a unit trust.
senior officer of an entity means an officer of the entity under any of