Document ID: chunk:federal_register_of_legislation:F2024C01252:reg:31
Version: federal_register_of_legislation:F2024C01252
Segment Type: reg
Provision Reference: reg 31
Character Range: 35610–36695

31  Residential land (near‑new dwelling interests) certificates
 (1) The amount of the fee, for an application for a residential land (near‑new dwelling interests) certificate, is $60,600.
Note 1: The amount of this fee is subject to indexation.
Note 2: A residential land (near‑new dwellings interests) certificate is issued under section 43A of the Foreign Acquisitions Regulation.
 (2) However, a fee of nil is payable by a person for an application for a residential land (near‑new dwelling interests) certificate if:
 (a) before so applying, the person applied for, or was given, an exemption certificate under section 57 of the Foreign Acquisitions Act; and
 (b) both certificates cover (or will cover) interests in relation to the same development.
Note: If the person applies for both certificates at the same time, then:
(a) the fee under subsection (1) will be payable for the application for the residential land (near‑new dwelling interests) certificate; and
(b) a fee of nil is payable for the application for the section 57 exemption certificate (see subsection 30(2)).