Jurisdiction(s):
United Kingdom

Key definition

Fees definition

What does Fees mean? In legal practice, Fees are the sums payable by one party to another for goods, services or rights under a contract, together with any agreed charges or other amounts. The term is descriptive rather than statutory; while specific legislation prescribes particular court or registry fees in England & Wales, Scotland, Northern Ireland and Ireland, in private agreements Fees is a contract-defined term. Usage is broadly consistent across these jurisdictions. Key features in contracts include whether Fees cover one-off, periodic, retainer or success-based payments; whether expenses/disbursements are included or separate; whether VAT/sales taxes are excluded or included; timing and invoicing; indexation;...

Australia: FIRB foreign investment regime – thresholds, sensitive sectors, national security call-in, fees, timelines, exemptions and 2024–2026 reforms

Published by a LexisNexis Competition expert

Practice notes

A discussion with Intan Eow, Partner, at the Sydney office of international law firm King & Wood Mallesons, on key matters concerning foreign direct investment (FDI) control in Australia.

1. What is the applicable legislation?

The chief statute regulating acquisitions of Australian businesses, entities or land by foreign persons, and other activities by foreign persons, is the Foreign Acquisitions and Takeovers Act 1975 (Cth) (FATA). The Foreign Acquisitions and Takeovers Regulations 2015 (Cth) (FATR) complement FATA and provide additional particulars of the framework. Moreover, the Foreign Acquisitions and Takeovers Fees Imposition Act 2015 (Cth) and its associated regulations further strengthen the Australian FDI regulatory regime.

2. Which government or other body (or bodies) reviews foreign Investments?

The Australian Federal Treasurer holds ultimate responsibility for all decisions relating to foreign investment. Australia’s foreign investment regime authorises the Treasurer to make orders on foreign investment proposals that the Treasurer considers contrary to the national interest. Certain investments by foreign persons must be notified to the Federal Treasurer and obtain prior approval (a ‘no objection notification’, commonly known as ‘FIRB approval’) before the investment proceeds...

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Web page updated on 21/05/2026

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