Foreign Acquisitions and Takeovers Amendment (Exemptions and Other Measures) Regulations 2017 (F2017L00811)

Schedule 1   Exemptions

Foreign Acquisitions and Takeovers Regulation 2015

3   Section 5

Insert:

value , of an interest in Australian land held by an entity, includes the value of the entity's interest (if any) in a wind or solar power station located onthe land (whether on or beneath the surface).

wind or solar power station means:

(a) an accredited power station within the meaning of the Renewable Energy (Electricity) Act 2000 that is:

(i) a wind power station (incorporating one or more wind turbines); or

(ii) a solar electricity generation system; or

(b) any component of such an accredited power station that is taken to be a part of the power station for the purposes of the Renewable Energy (Electricity) Act 2000.

Note: For components of a wind or solar power station that are taken to be a part of the power station for the purposes of that Act, see clause 8 or 10 of Schedule 1 to the Renewable Energy (Electricity) Regulations 2001.