Commonwealth Numbered Acts

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

LANDS ACQUISITION ACT 1989 No. 15 of 1989 - SECT 19

Steps in acquisition by agreement
19. (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