Immunity from Seizure legislation
Arts Minister, Simon Crean, announced on 20 July that the Australian Government will introduce new legislation to protect overseas loans of cultural objects.
The new legislation, flagged to be introduced in the Spring Session, will bring Australia into line with international standards. It will also reassure overseas lenders that Australia is a competitive and secure destination for world class exhibitions and art loans.
The work of CAMD, with other cultural organisations, in advocating for the protective measures was acknowledged by the Minister in his announcement.
For further information see the Minister’s media release at: http://www.minister.regional.gov.au/sc/releases/2012/july/sc152_2012.aspx.