Document ID: chunk:federal_register_of_legislation:C2024C00844:section:115l
Version: federal_register_of_legislation:C2024C00844
Segment Type: section
Provision Reference: s 115L
Character Range: 360091–360638

115L  Vacancy fee recovery—Treasurer's declaration relating to charge over land
 (1) The Treasurer may, by notifiable instrument, declare that section 115K applies in relation to a specified interest in Australian land held by a person if satisfied that the declaration is necessary to secure the payment of:
 (a) unpaid vacancy fees; and
 (b) unpaid vacancy penalties (if any).
 (2) A declaration under subsection (1) must specify:
 (a) the time the declaration is to come into force; and
 (b) the Australian land to which section 115K applies.