Federal Register of Legislation - Australian Government

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Exemptions as made
This Exemption permits non-residents to buy or sell Australian land or securities.
Administered by: Treasury
Registered 21 Dec 2006
Gazetted 25 Jun 1984
Date of repeal 01 Apr 2016
Repealed by Other
Repealing Comments Enabling legislation repealed by section 50 of the Legislation Act 2003.



          Reserve Bank of Australia in pursuance of Regulation 38 of the Banking (Foreign Exchange) Regulations hereby exempts from the application of sub-regulation 9(1) of the Regulations the sale, loan, transfer, mortgaging or charging of any security or land that is in Australia by, by the order of, or on behalf of, a person who is not a resident to another person who is not a resident, or to a person acting on behalf of such a person.


This instrument shall come into operation on 25 June 1984.


Dated at Sydney this 21st day of June 1984.

For and on behalf of the Reserve Bank of Australia.


                                                                                        D. N. SANDERS
                                                                     Deputy Governor