Generally, you will need to report on your compliance with the conditions attached to your no objection notification or exemption certificate.
The imposition of conditions on foreign investment proposals is guided by the need to:
Foreign persons must give notice of certain actions relating to Australian land, water, entities, businesses and other assets to the Registrar of the Register of Foreign Ownership of Australian Assets.
Foreign investors are generally required to submit a foreign investment proposal before acquiring an interest in residential land, regardless of its value.
We consider the effects of foreign investment on the tax system as part of the national interest test.
This includes the potential impact of an action on Australian tax revenues and the integrity of the tax system.