Foreign Acquisitions and Takeovers Regulation 2015 (Cth)

PART 3 - EXEMPTIONS  

Division 3 - Exemptions for certain actions  

Subdivision D - Actions relating to Australian land etc.  

SECTION 39  

39   ACQUISITIONS OF CERTAIN EASEMENTS  
The excluded provisions do not apply in relation to an acquisition of a legal or equitable interest in an easement if:

(a) the following conditions are met:

(i) the interest is acquired by a foreign person other than a foreign government investor;

(ii) the easement is not an easement in gross; or

(b) the following conditions are met:

(i) the easement is an easement in gross;

(ii) the easement is created for the purposes of a public utility providing products or services to the public;

(iii) the public utility that acquires the interest is authorised by or under a law of the Commonwealth, a State or a Territory to provide those products or services.