Document ID: chunk:federal_register_of_legislation:F2024C01235:reg:26
Version: federal_register_of_legislation:F2024C01235
Segment Type: reg
Provision Reference: reg 26
Character Range: 64008–65085

26  Simplified outline of this Part

      This Part prescribes matters for sections 37 (regulations providing for exemptions) and 63 (exemption certificates provided for by the regulations) of the Act.
      Division 2 exempts certain interests entirely from the operation of the Act.
      Division 3 exempts the acquisition of certain interests from being significant actions, notifiable actions or notifiable national security actions. Those interests are, however, taken into account in determining whether a person is a foreign person for the purposes of the Act. Division 3 does not apply to an action that is a reviewable national security action.
      Division 4 provides exemptions relating to particular actions. The Division also deals with the effect of exemption certificates prescribed by this instrument.
      Division 4A exempts foreign persons from being liable to pay a vacancy fee in certain circumstances.
      Division 5 contains exemptions from various provisions for certain other limited purposes.

Division 2—Exemptions applying for all purposes