Foreign Acquisitions and Takeovers Act 1975

PART 7A - THE REGISTER OF FOREIGN OWNERSHIP OF AUSTRALIAN ASSETS  

Division 3 - Requirements to give register notices to the Registrar  

Subdivision B - Requirements relating to registrable water interests  

SECTION 130ZG   CHANGE TO CERTAIN CHARACTERISTICS OF A REGISTRABLE WATER INTEREST  

130ZG(1)    
A foreign person must give a register notice to the Registrar if:

(a)    on any day or days in a financial year, there is a registered circumstance in relation to the person under section 130ZE or 130ZF that relates to a registrable water interest; and

(b)    on that day or any of those days, the volume of water or the share of a water resource referred to in the registrable water interest changes; and

(c)    the person holds the registrable water interest at the end of the last day of the financial year.

Note: A registered circumstance may exist only on or after the Register commencement day.

130ZG(2)    
The registrable event day for a register notice under this section is the last day of the financial year.