Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 108

When the Commonwealth can begin dealing with interests in land

  (1)   The Treasurer, and persons acting on the Commonwealth's behalf, can dispose of, or otherwise deal with, a person's interest in Australian land that vests under section   107 only after the later of the following times:

  (a)   if the period provided for lodging an appeal against the finding in relation to the person mentioned in subsection   104(1) has ended without such an appeal having been lodged--the end of that period;

  (b)   if an appeal against the finding in relation to the person has been lodged--the appeal lapses or is finally determined.

  (2)   However, such disposals and dealings may occur earlier with the leave of a court and in accordance with any directions of a court.



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