Queensland Consolidated Acts

FOREIGN OWNERSHIP OF LAND REGISTER ACT 1988 - SECT 21

21 Other registries and transitional

(1) Every person required to lodge a notification of ownership or trustee notification of ownership with the registrar under section 18 shall be deemed to have complied with the requirements of that section if that person, within the period specified in that section, lodges with the relevant registering authority a duly completed notification of ownership or trustee notification of ownership, as the case may require, contemporaneously with such other documents as are required to be lodged with that registering authority to enable the registration or recording of the relevant acquisition.

(2) Every document that is lodged with a registering authority after the commencement of the Foreign Ownership of Land Register Act Amendment Act 1990 for the registration or recording of a dealing in respect of an acquisition of an interest in land to which section 18 (1) or (3) applies, shall, even though the acquisition was made before the commencement of that Act, be accompanied by—

(a) a notification of ownership or trustee notification of ownership, as the case may require; or

(b) a certificate of exemption referred to in subsection (3) ; or

(c) evidence, in the approved form, that a notification of ownership or trustee notification of ownership has been lodged with the registrar;

in respect of that acquisition, contemporaneously with such other documents as are required to be lodged with that registering authority to enable the registration or recording of that acquisition.

(3) Where an acquisition of an interest in land occurred prior to the commencement of this Act the registrar may, in the registrar’s absolute discretion, issue in respect of that acquisition a certificate of exemption in the approved form, exempting that acquisition from the application of subsection (2) (a) and (c) .

(4) Despite any other Act or law to the contrary, a registering authority shall not register or record in its register or records any documents lodged with that registering authority after the commencement of this Act, in respect of an acquisition of an interest in land where the registering authority is not satisfied that subsection (2) has been complied with.

(5) Every notification of ownership or trustee notification of ownership, as the case may be, lodged with a registering authority under this section shall be produced by that registering authority to the registrar within 30 days of the registration or recording of the acquisition in respect of which it was lodged with that registering authority.