1 After subsection 5(2)
Insert:
(2A) If a provision referred to in section 18B of the Cocos (Keeling) Islands Act 1955 is in operation, this Act does not apply to anything dealt with by the provision.
2 Paragraph 21(1)(a)
After "5(2)", insert ", (2A)".
3 Subsection 40(3)
Omit "The", substitute "Subject to subsection (3A), the".
4 After subsection 40(3)
Insert:
(3A) Subsection (3) does not apply to an agreement for the acquisition of an interest that is available in the market.
5 Application
The amendments made by items 3 and 4 apply to an acquisition by agreement of an interest in land if the acquisition is made after the commencement of those items.
6 Paragraph 117(1)(a)
After "5(2)", insert ", (2A)".
7 Subsection 122(3)
Omit "Attorney‑General" (wherever occurring), substitute "Minister".
8 Subsection 138(1)
Omit all the words after "interest", substitute:
in land:
(a) of the Attorney‑General or of a delegate of the Attorney‑General, if the signature purports to be witnessed by an officer of the Attorney‑General's Department; or
(b) of the Minister or of a delegate of the Minister, if the signature purports to be witnessed by an officer of the Minister's Department.
9 Subsection 138(2)
After "Attorney‑General,", insert "Minister,".
10 Section 140
Omit "$1,000", substitute "50 penalty units".