Foreign Acquisitions and Takeovers Act 1975

PART 6A - VACANCY FEES FOR FOREIGN ACQUISITIONS OF RESIDENTIAL LAND  

Division 3 - 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.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.