FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 114 Requirement for fees to be paid before Treasurer exercises powers

Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 114

Requirement for fees to be paid before Treasurer exercises powers

If a fee is payable by a person under section 113 for an application made or a notice given by the person, then the person is taken not to have given the notice or made the application until:

(a) the fee has been paid; or

(b) the fee has been waived under section 115.

Note: The notice must also be given in the approved manner (see section 135).

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