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FOREIGN OWNERSHIP OF LAND REGISTER ACT 1988 - SECT 47
Declarations under repealed section 6(2) continued in force
47 Declarations under repealed section 6(2) continued in force
(1) This section applies to a person— (a) in relation to whom the Minister
made a declaration under repealed section 6(2) in relation to a particular
interest; and
(b) who, immediately before the commencement, was not a foreign
person in relation to the interest because of the declaration; and
(c) who,
at the commencement, would otherwise be a foreign person under the amended
Act.
(2) The declaration continues in force for the person in relation to the
particular interest.
(3) While the declaration continues in force, the person
is taken not to be a foreign person in relation to the interest.
(4) The
person must notify the registrar of any change in the circumstances on which
the declaration was based as soon as practicable after the change happens.
(5) The Minister may cancel the declaration if satisfied that, because of a
change in the circumstances on which the declaration was based, it is no
longer appropriate for the person to be taken not to be a foreign person.
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