Document ID: chunk:federal_register_of_legislation:C2024C00844:section:58
Version: federal_register_of_legislation:C2024C00844
Segment Type: section
Provision Reference: s 58
Character Range: 134629–135428

58  Exemption certificates for foreign persons
 (1) A foreign person may apply for a certificate under this section if the foreign person or any other foreign person proposes to acquire one or more kinds of interests in Australian land.
Note: See also Part 6 (fees) and section 135 (manner of notification and application).
 (2) The Treasurer may give a certificate if the Treasurer is satisfied that acquisitions of those kinds of interests by that foreign person is not contrary to the national interest.
 (3) The certificate must specify:
 (a) the person (who may not yet be incorporated or established) to whom the certificate relates; and
 (b) the kinds of interests in Australian land to which the certificate relates.
Note: For other things that the certificate may specify, see section 60.