Information about the Inquiry


Foreign Acquisitions Amendment (Agricultural Land) Bill 2010

Information about the Inquiry

On 10 February 2011 the Senate referred the following matter to the Senate Economics Committees for inquiry and report.

The Foreign Acquisitions Amendment (Agricultural Land) Bill 2010 which 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.

Information about the bill:
http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;adv=yes;orderBy=priority,title;page=3;query=Dataset_Phrase%3A%22billhome%22%20ParliamentNumber%3A%2243%22;rec=12;resCount=Default

Submissions should be received by 25 February 2011. The reporting date is 15 June 2011.

The Committee is seeking written submissions from interested individuals and organisations preferably in electronic form submitted online or sent by email to economics.sen@aph.gov.au as an attached Adobe PDF or MS Word format document. The email must include full postal address and contact details.

Alternatively, written submissions may be sent to:

Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Notes to help you prepare your submission are available from the website at https://www.aph.gov.au/senate/committee/wit_sub/index.htm. Alternatively, the Committee Secretariat will be able to help you with your inquiries and can be contacted on telephone +61 2 6277 3540 or facsimile +61 2 6277 5719 or by email to economics.sen@aph.gov.au.

Inquiries from hearing and speech impaired people should be directed to Parliament House TTY number 02 6277 7799. Adobe also provides tools at http://access.adobe.com/ for the blind and visually impaired to access PDF documents. If you require any special arrangements to enable you to participate in the Committee's inquiry, please contact the Committee Secretariat.

Once the Committee accepts your submission, it becomes a confidential Committee document and is protected by Parliamentary Privilege. You must not release your submission without the Committee's permission. If you do, it will not be protected by Parliamentary Privilege. At some stage during the inquiry, the Committee normally makes submissions public and places them on its website. Please indicate if you want your submission to be kept confidential.


For further information, contact:

Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone:+61 2 6277 3540
Fax:+61 2 6277 5719
Email:economics.sen@aph.gov.au