Commonwealth Consolidated Acts
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REGISTER OF FOREIGN OWNERSHIP OF WATER OR AGRICULTURAL LAND ACT 2015 - SECT 18
Simplified outline of this Part
After the commencement of this Act, a foreign person who held
agricultural land at the start of 1 July 2015 must give the Commissioner
notice of the holding.
If an event happens after the start of 1 July 2015 causing
agricultural land to start or cease to be held by a particular foreign person,
the person must give the Commissioner notice of the event after the
commencement of this Act.
If a person required to give notice dies or is wound up before doing so, the
person's executor or liquidator must give the notice. An agent may give notice
for a person.
The rules may provide for exemptions from these requirements.
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