Document ID: chunk:federal_register_of_legislation:C2017A00127:clause:1_6
Version: federal_register_of_legislation:C2017A00127
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 8244–10378

6             specified in:                                                                                                                                                                               (a) the amount of the fee that was payable by the person under item 3 of the table in subsection 8(1) of this Act in relation to the action specified in the order or notification, at the time the order or notification was given; or
              (a) an order made under Subdivision A of Division 2 of Part 3 of the Foreign Acquisitions Act; or                                                                                           (b) if the fee mentioned in paragraph (a) was waived—the amount of the fee that would have been payable under paragraph (a) of item 3 of the table in subsection 7(1) of this Act if a notice of a notifiable action under section 81 of the Foreign Acquisitions Act had been given for the action specified in the order or notification, at the time the order or notification was given (regardless of any regulations made for the purposes of section 11 of this Act).
              (b) a no objection notification

Note 1: Part 6A of the Foreign Acquisitions Act sets out the liability of a foreign person for a vacancy fee.
Note 2: An order mentioned in item 6 of the table could specify that a foreign person may acquire interests in Australian land only to an extent specified in that order: see item 3 of the table in subsection 67(3) of the Foreign Acquisitions Act.
Note 3: Generally, regulations may lower the amount of a fee specified in Division 2 of this Part: see section 11. Fees specified in that Division are subject to indexation: see section 12.
Note 4: A residential land (near‑new dwelling interests) certificate is an exemption certificate under section 43A of the Foreign Acquisitions Regulation.
Note 5: A residential land (other than established dwellings) certificate is an exemption certificate under section 43B of the Foreign Acquisitions Regulation.

[Minister's second reading speech made in—
House of Representatives on 7 September 2017
Senate on 19 October 2017]

(192/17)