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REGISTER OF FOREIGN OWNERSHIP OF WATER OR AGRICULTURAL LAND ACT 2015 - SECT 11

Severability

             (1)  Without limiting its effect apart from each of the following subsections of this section, this Act also has effect as provided by that subsection.

             (2)  This Act also has the effect it would have if each reference to a foreign person were expressly confined to an individual who is outside Australia.

             (3)  This Act also has the effect it would have if each reference to a foreign person were expressly confined to an alien (within the meaning of paragraph 51(xix) of the Constitution).

             (4)  This Act also has the effect it would have if each reference to a foreign person were expressly confined to a corporation that:

                     (a)  is described in paragraph (b) or (c) of the definition of foreign person in section 4 of the Foreign Acquisitions and Takeovers Act 1975 ; and

                     (b)  is a foreign corporation, or a trading or financial corporation, to which paragraph 51(xx) of the Constitution applies.

             (5)  This Act also has the effect it would have if each reference to a foreign person were expressly confined to a trustee who:

                     (a)  is a trustee of a trust described in paragraph (d) or (e) of the definition of foreign person in section 4 of the Foreign Acquisitions and Takeovers Act 1975 ; and

                     (b)  is:

                              (i)  an individual outside Australia; or

                             (ii)  an alien (within the meaning of paragraph 51(xix) of the Constitution); or

                            (iii)  a foreign corporation, or a trading or financial corporation, to which paragraph 51(xx) of the Constitution applies.

             (6)  This Act also has the effect it would have if each reference to land were expressly confined to land within a Territory.

             (7)  This Act also has the effect it would have if each reference to a water resource were expressly confined to a water resource within a Territory.

   



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