Register of Foreign Ownership of Water or Agricultural Land Act 2015 (Repealed)

Part 3B - Requirements to give information about foreign holdings of water entitlements  

Division 1 - Simplified outline of this Part  

SECTION 30G  

30G   Simplified outline of this Part  

Foreign persons who will hold, or who hold, certain water entitlements or contractual water rights at the end of 30 November 2017 must give the Commissioner notice of those holdings.

If an event occurs on or after 1 December 2017 causing such entitlements or rights to start or cease to be held by a particular foreign person, the person must give the Commissioner notice of the event. Such notices must be given annually.

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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