Register of Foreign Ownership of Water or Agricultural Land Act 2015.
This Act establishes the Register of Foreign Ownership of Water or Agricultural Land. It specifies the following: The first register is the Register of Foreign Ownership of Agricultural Land, which contains: a) information the Commissioner obtains about foreign persons’ holdings of agricultural land; and b) published statistics derived from that information. Foreign persons must give notice to the Commissioner of: a) their holdings of agricultural land as at the start of 1 July 2015; and b) later events causing agricultural land to start or cease to be held by foreign persons.