An Australian businessman is urging people to hurry and acquire land on the Moon while there is still time. This promotional slogan belongs to an Australian trader who is inviting people to purchase land on the Moon. Paul Jackson, an Australian businessman based in Melbourne, owns a company called Moon Real Estate. He is selling Moon land in half-acre plots for $40 and 4-acre plots for $200. Mr. Jackson claims to have purchased a half-acre plot himself and asserts that he obtained the right to sell Moon land from an American trader who has been engaged in selling these lands for over twenty years. The advertisement for Moon Real Estate on the internet states that anyone who purchases a piece of Moon land will receive a deed of ownership as well as a document granting mineral rights. The 1967 United Nations Outer Space Treaty prohibits all countries from claiming ownership of the Moon and other celestial bodies. Traders selling Moon land argue that this treaty does not prevent individuals from owning celestial objects.
An Australian businessman invites people to buy land on the Moon - 2003-10-13
An Australian businessman, Paul Jackson, is selling plots of land on the Moon, claiming to have the rights to do so from an American trader. The sale raises questions about the legality of ownership of celestial bodies under international law. This matter is of interest as it touches on space law and commercial ventures in outer space.
👥 Key Players
📰 What Happened
An Australian businessman, Paul Jackson, is promoting the sale of Moon land plots, claiming to have the rights to do so. This raises legal questions regarding the ownership of celestial bodies under international law.
- Jackson is selling Moon land in half-acre and four-acre plots for $40 and $200 respectively.
- The 1967 United Nations Outer Space Treaty prohibits countries from claiming ownership of the Moon.
💡 Why It Matters
📚 Background
The 1967 Outer Space Treaty establishes that no nation can claim sovereignty over celestial bodies, complicating the legality of private land sales on the Moon.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%