Foreign Acquisitions and Takeovers Legislation Amendment Act 2015 (150 of 2015)

Schedule 5   Sunset provision for the Register of Foreign Ownership of Agricultural Land Act 2015

Register of Foreign Ownership of Agricultural Land Act 2015

2   After section 34

Insert:

34A Sunset provision

(1) This Act ceases to have effect at the end of 1 December 2016 if an Act, or the provisions of an Act, providing for a register of foreign ownership of water entitlements do not commence before that time.

(2) The Minister must announce, by notifiable instrument, the day an Act, or the provisions of an Act, providing for a register of foreign ownership of water entitlements commence.