Australian Capital Territory Consolidated Acts

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LANDS ACQUISITION ACT 1994 - SECT 16

Steps in acquisition by agreement

    (1)     The principal steps in an acquisition under this Act by agreement are—

        (a)     the making of a pre-acquisition declaration under part 4; and

        (b)     any reconsideration of the pre-acquisition declaration under part 4; and

        (c)     the authorisation of the acquisition under section 32; and

        (d)     the making of the agreement under part 5; 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 interest to be acquired is owned by another acquiring authority; or

        (b)     a certificate has been given under section 21.



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