- Date
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24 Nov 2010
- Chamber
-
Senate
- Status
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Not Proceeding
-
Sponsor
-
XENOPHON, Senator Nick
MILNE, Sen Christine
- Summary
-
Amends the
Foreign Acquisitions and Takeovers Act 1975
to: implement a national interest test to be applied against proposed foreign acquisitions of agricultural land; require any interest in agricultural land greater than five hectares to be notified to the Treasurer; require online publication of information about foreign acquisitions of interest in agricultural land; and impose penalties for not notifying the Treasurer of a proposed acquisition.