This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on the 28th day after the date of their notification in the Gazette, amend the Overseas Investment Regulations 2005 (the principal regulations).
These regulations set new increased fees and charges payable to the Overseas Investment Office for—
applications relating to overseas investments in sensitive land and significant business assets:
applications for exemption under regulation 37 of the principal regulations by addition to Schedule 3 or 4 of those regulations:
the provision of information or services.
These increases are to enable the regulator to fully recover its costs. These regulations also rationalise the charging structure.
The fee for an application relating to overseas investments in fishing quota is unchanged.