Foreign Acquisitions Amendment (Agricultural Land) Bill 2010 [2013]

Type
Private
Sponsor(s)
XENOPHON, Senator Nick
MILNE, Sen Christine
XENOPHON, Sen Nick
MILNE, Sen Christine
Originating house
Senate
Status
Before Senate
Parliament no
44
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.

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Progress

Senate
Introduced and read a first time 24 Nov 2010
Second reading moved 24 Nov 2010
Second reading debate 22 Sep 2011
Second reading debate 28 Feb 2013
Lapsed at end of Parliament 12 Nov 2013
Restored to Notice Paper 10 Dec 2013
Lapsed at prorogation 17 Apr 2016
Restored to Notice Paper 19 Apr 2016

Documents and transcripts

Text of bill

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Explanatory memoranda

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Proposed amendments

Senate

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Schedules of amendments

No documents at present

Notes

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Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changed to the bill. For details about the outcome of proposed amendments please refer to either theĀ Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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