Foreign Acquisitions and Takeovers Regulation 2015
39Acquisitions of certain easements
Start here
Get a plain-English read of 39
Turn the raw legal text into a practical explanation grounded in Foreign Acquisitions and Takeovers Regulation 2015.
39 Acquisitions of certain easements
The excluded provisions do not apply in relation to an acquisition of a legal or equitable interest in an easement if: (a) the following conditions are met: (i) the interest is acquired by a foreign person other than a foreign government investor; (ii) the easement is not an easement in gross; or (b) the following conditions are met: (i) the easement is an easement in gross; (ii) the easement is created for the purposes of a public utility providing products or services to the public; (iii) the public utility that acquires the interest is authorised by or under a law of the Commonwealth, a State or a Territory to provide those products or services.