Ann: Change of Director's Interest Notice x 2, page-198

he is not a resident of australia

Residency and tax

If you're a foreign resident for tax purposes you must declare on your tax return any income earned in Australia, including:

• employment income
• rental income
• Australian pensions and annuities
• capital gains on Australian assets

Capital gains on Australian assets

If you’re a foreign or temporary resident and you make a capital gain when you dispose of 'taxable Australian property', you may have to pay capital gains tax (CGT).
Taxable Australian property includes:

• a direct interest in real property, or a mining, quarrying or prospecting right to minerals, petroleum or quarry materials
• a CGT asset that you have used at any time in carrying on a business through a permanent establishment in Australia
• an indirect Australian real property interest. This is an interest in an entity, including a foreign entity, where:
  • you and your associates hold 10% or more of it
  • the value of your interest is principally attributable to Australian real property
  • • https://www.ato.gov.au/Individuals/...Australia/Capital-gains-on-Australian-assets/