Foreign Investment Reform (Protecting Australia's National Security) Act 2020 (114 of 2020)

Schedule 3   Register of Foreign Ownership of Australian Assets

Part 4   Transitional provisions

19   Definitions

In this Part:

Act means the Foreign Acquisitions and Takeovers Act 1975.

agricultural land has the meaning given by the old Register Act.

agricultural land interest means:

(a) a freehold interest in agricultural land; or

(b) a right to occupy agricultural land under a lease or licence.

freehold interest has the meaning given by the old Register Act.

hold :

(a) in relation to an agricultural land interest, has a meaning affected by section 6 of the old Register Act; and

(b) in relation to a registrable water entitlement or a contractual water right, has a meaning affected by section 6A of the old Register Act.

lease includes a sublease.

old Register Act means the Register of Foreign Ownership of Water or Agricultural Land Act 2015 as in force before its repeal by Part 2 of this Schedule.

relevant water interest means:

(a) a registrable water entitlement (within the meaning of the old Register Act); or

(b) a contractual water right (within the meaning of that Act).


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