Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

LANDS ACQUISITION ACT 1989 - SECT 19

Steps in acquisition by agreement

  (1)   The principal steps in an acquisition by agreement are:

  (a)   the making of a pre - acquisition declaration under Part   V;

  (b)   any reconsideration or review of the pre - acquisition declaration under Part   V;

  (c)   the authorisation of the acquisition under section   40;

  (d)   the making of the agreement under Part   VI; and

  (e)   the taking of actions required by the agreement to complete the acquisition.

  (2)   The making of a pre - acquisition declaration is not required if:

  (a)   the relevant interest is available in the market within the meaning of section   40;

  (b)   the interest to be acquired is owned by another acquiring authority; or

  (c)   a certificate has been given under section   24.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback