sec.245Notice of change of ownership

### sec.245 Notice of change of ownership If a person acquires or disposes of land, the person must give the valuer-general notice in the combined form about the acquisition or disposal within 30 days. Maximum penalty—50 penalty units. In this section— combined form means an approved form giving information required under the following— this section; the Foreign Ownership of Land Register Act 1988 ; the Land Tax Act ; the local government legislation; the Duties Act 2001 ; the Water Act 2000 . (sec.245-ssec.1) If a person acquires or disposes of land, the person must give the valuer-general notice in the combined form about the acquisition or disposal within 30 days. Maximum penalty—50 penalty units. (sec.245-ssec.2) In this section— combined form means an approved form giving information required under the following— this section; the Foreign Ownership of Land Register Act 1988 ; the Land Tax Act ; the local government legislation; the Duties Act 2001 ; the Water Act 2000 . - (a) this section; - (b) the Foreign Ownership of Land Register Act 1988 ; - (c) the Land Tax Act ; - (d) the local government legislation; - (e) the Duties Act 2001 ; - (f) the Water Act 2000 .