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The Register of Foreign Ownership of Water or Agricultural Land Act 2015 (the Act) provides for the collection of information, and publication of statistics, about foreign interests in agricultural land and certain water entitlements and rights.
Under section 34A of the Act, the Productivity Commission (the Commission) is required to undertake an assessment of the effectiveness of the scheme insofar as the scheme relates to the Register of Foreign Ownership of Water Entitlements and requirements to give information about foreign holdings of water entitlements, including the costs and benefits of that scheme. This inquiry is that assessment.
Key points:
Register of Foreign-owned Water Entitlements: Productivity Commission draft rep… https://apo.org.au/node/313596
978-1-74037-736-2