Australian urban land definition

Australian urban land means land situated in Australia that is not used wholly or exclusively for carrying on a business of primary production.
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Australian urban land has the meaning set out in the Foreign Acquisitions and Takeovers Act 1975. Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments value; - proposed acquisition of residential real estate irrespective of value; or  proposals where any doubt exists as to whether they are notifiable. Notified investments may be refused, subject to interim orders, and/or subject to compliance with certain conditions. Banking Foreign investment in the banking sector also needs to be consistent with the Banking Act 1959, the Financial Sector (Shareholdings) Act 1998 and banking policy, including prudential requirements. Any proposed foreign takeover or acquisition of an Australian bank will be considered on a case-by- case basis and judged on its merits. Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
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Australian urban land means land situated in Australia that is not used wholly and exclusively for carrying on a business of primary production.
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Examples of Australian urban land in a sentence

  • Where a foreign person has acquired an interest in Australian urban land and the Treasurer is satisfied that the acquisition is contrary to the national interest, the Treasurer may make an order directing the foreign person to dispose of that interest within a specified period to any person or persons approved in writing by the Treasurer.

  • Where the regulations provide that this Act, or a specified provision or provisions of this Act, does not or do not apply in relation to an acquisition, of a kind specified in the regulations, of an interest in Australian urban land, this Act, or the provision or provisions, does not or do not so apply.

  • In this section: eligible land assets, in relation to a corporation, means so much of the corporation’s total assets as consists of interests in Australian urban land.

  • Without affecting the operation of section 25, this section does not apply in relation to the acquisition of a substantial shareholding in an Australian corporation if that acquisition is also an acquisition of an interest in Australian urban land.

  • The director of insurance or his duly authorized representative may at any time and from time to time, inspect and examine the records, books and accounts of any title insurer, and may require such periodic and special reports from any title insurer, as may be reasonably necessary to enable the director to satisfy himself that such title insurer is complying with the requirements of sections 381.011 to 381.241.

  • Australian urban land is defined as any land within Australia on which a primary production business is not being conducted.

  • If in the future our Company were to be considered an Australian urban land corporation then, unless an exemption applies, any foreign person can only acquire Shares in our Company with the prior approval of the Australian Treasurer.

  • Our Company will be considered an ‘Australian urban land corporation’ if more than half of its total assets is in the form of interests in Australian urban land (based on our Company’s last audited consolidated balance sheet).

  • Based on our Company’s latest consolidated balance sheet, as at the date of this Document our Company does not consider itself to currently be an Australian urban land corporation.

  • Australian urban land corporation or trustA corporation or trust that has interests in Australian urban land which makes up more than 50 per cent of the value of its total assets.


More Definitions of Australian urban land

Australian urban land means land situated in Australia that is not used wholly and exclusively for carrying on a business of prim ary production.Sector:Social ServicesObligations Concerned:National TreatmentMost Favoured Nation Treatment Performance RequirementsSenior Management and Boards of DirectorsDescription:Australia reserves the right to adopt or maintain any measure with respect to the provision of law enforcement and correctional services, and the following to the extent that they are social services established or maintained for a public purpose: income security or insurance, social security or insurance, social welfare, public education, public training, health, child care, public utilities, public transport and public housing.Existing Measures: Sector:Broadcasting and Audiovisual Services Advertising ServicesLive Performance15Obligations Concerned:National Treatment Performance RequirementsDescription:Australia reserves the right to adopt or maintain: (a) Interactive audio and/or video servicesMeasures to ensure that, upon a fi nding by the Government of Australia that Australian audiovisual content or genres thereof is not readily available to Australian consumers, access to such programming on interactive audio and/or video services is not unreasonably denied to Australian consumers. Any measures addressing such a situation will be implemented through a transparent process permitting participation by any affected parties, be based on objective criteria, be the minimum necessary, be no more trade restrictive than necessary, not be unreasonably burdensome, and be applied only to a service provided by an enterprise that carries on business activities in Australia in relation to the supply of that service. (b) Spectrum and licensing Measures, as specified in the Broadcasting Services Act 1992 at 1 January 2005, that restrict the eligibility for broadcasting services licences to enterprises that are a specific legal type and/or are established in Australia or in an external territory. (c) Subsidies or grants Subsidies or grants for investment in Australian cultural activity where eligibility for the subsidy or grant is subject to local content or production requirements.Existing Measures:Broadcasting Services Act 1992 Radiocommunications Act 1992 Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Australian Film Commission Act 1975Broadcasting Services (Australian Content) Standard 1999Television Program Standard 23 – Australian Content in
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Related to Australian urban land

  • Indian land means the lands of any Indian Tribe or within Indian country.

  • urban areas means the areas covered by all Municipal Corporations and other Municipalities including the areas falling under the various Urban Development Authorities, Cantonment Authorities and industrial estates or townships, excluding the areas covered under Class-I Cities;

  • Qualified airport authority means an airport authority

  • Indian lands means lands owned by the United States and held for the use or benefit of Indian tribes or bands or individ- ual Indians and lands within the boundaries of a federally recog- nized reservation that are owned by Indian tribes or bands or indi- vidual Indians.

  • Urban area means Maricopa and Pima counties, excluding Tribal Lands.

  • communal land means land under the jurisdiction of a traditional council determined in terms of section 6 of the Eastern Cape Traditional Leadership and Governance Act, (Act 4 of 2005) and which was at any time vested in -

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Agricultural property means property that is used primarily for agricultural purposes but, without derogating from Section 9 of the Act, excludes any portion thereof that is used commercially for the hospitality of guests, and excludes the use ofthe property for the purpose of eco-tourism or for the trading in or hunting of game.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • Crown land means land in which there is a Crown interest or a Duchy interest;

  • Agricultural land means land primarily devoted to the

  • rural areas means any area within the county located outside the

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • Urban transit hub means an urban transit hub, as defined in

  • Motorsport Australia means the Confederation of Australia Motor Sport Ltd. trading as Motorsport Australia;

  • Residential facility means a home or facility that is licensed by the department of developmental disabilities under section 5123.19 of the Revised Code and in which a child with a developmental disability resides.

  • Residential property means improved property that:-

  • Western Australia the following definitions‑

  • Airport Authority means any city or any public or private board or other body or organization chartered or otherwise established for the purpose of administering, operating or managing airports or related facilities, which in each case is an owner, administrator, operator or manager of one or more airports or related facilities.

  • Agricultural lands means land currently used for the purpose of producing an agricultural commodity for commercial purposes, land left fallow under a crop rotational program, or land enrolled in an agricultural subsidy or set-aside program.

  • Motorway means a road specially designed and built for motor traffic, which does not serve properties bordering on it, and which: