Land Transaction Law. Country/Territory Austria Territorial subdivision Vorarlberg Document type Legislation Date 1993 Source FAO, FAOLEX Original source Vorarlberger Landesgesetzblatt, Text No. 61, 23 September 1993, pp. 111-119. Long titleLaw concerning transactions of land. Subject Land & soil Keyword Basic legislation Land tenure Transfer Agricultural land Foreign land tenure Land commission Offences/penalties Geographical area Alps, Europe, EUROPE AND CENTRAL ASIA, European Union Countries, Western Europe Entry into force notes This Act enters into force at the same time as the Treaty on the European Union. Article 3 enters into force on 1 January 1996. Abstract The Act contains at the outset a definition clause relating to the various terms therein employed, such as "land", "building land", "building permit", "foreigner", "planning permission", etc. Part 3 regulates in particular the transfer of agricultural and forestry land and the requirements for its conversion into building land. Furthermore, it outlines the conditions and procedures for acquisition of land by foreigners. Part 3 establishes the competent authorities and, in particular, various Land Commissions. Finally, the Act prescribes penalties in case of non compliance and transitional provisions. The Act consists of 32 articles divided into 6 Parts. Full text German Website www.ris.bka.gv.at