Foreign Acquisitions and Takeovers Act 1975
PART 6A
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VACANCY FEES FOR FOREIGN ACQUISITIONS OF RESIDENTIAL LAND
Division 3
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Vacancy fees: recovery of unpaid fees
SECTION 115Q
WHEN THE COMMONWEALTH CAN BEGIN DEALING WITH INTERESTS IN LAND
115Q(1)
The Treasurer, and persons acting on the Commonwealth ' s behalf, can dispose of, or otherwise deal with, a person ' s interest in Australian land that vests under section 115P as authorised by a court order under section 115N only after the later of the following times:
(a) if the period provided for lodging an appeal against the order has ended without such an appeal having been lodged - the end of that period;
(b) if an appeal against the order has been lodged - the appeal lapses or is finally determined.
115Q(2)
However, such disposals and dealings may occur earlier with the leave of a court and in accordance with any directions of a court.
View history note
Hide history noteThe Treasurer, and persons acting on the Commonwealth ' s behalf, can dispose of, or otherwise deal with, a person ' s interest in Australian land that vests under section 115P as authorised by a court order under section 115N only after the later of the following times:
(a) if the period provided for lodging an appeal against the order has ended without such an appeal having been lodged - the end of that period;
(b) if an appeal against the order has been lodged - the appeal lapses or is finally determined.
115Q(2)
However, such disposals and dealings may occur earlier with the leave of a court and in accordance with any directions of a court.