Overseas Investment Regulations 2005

32 Maximum percentage: dwellings in large apartment developments that are purchased off plans

(1)

This regulation applies for the purpose of clause 4 of Schedule 3 of the Act.

(2)

The maximum percentage of new residential dwellings in a development that an exemption certificate may be applied to is 60%.

Regulation 32: inserted, on 22 October 2018, by regulation 6 of the Overseas Investment Amendment Regulations 2018 (LI 2018/154).