New South Wales Consolidated Acts

CROWN LAND MANAGEMENT ACT 2016 - SECT 4.3

4.3 Surrender of land or lease

(1) The owner of any land or the holder of any lease under this Act may, with the consent of the Minister, surrender the whole or a part of the land or lease to the Crown.

(2) A surrender does not operate to extinguish any debt.

(3) On the surrender, the land or the land leased (to the extent to which it is not Crown land) becomes Crown land.

Note--: See section 1.10 (When land becomes Crown land because of this Act).

(4) The Secretary may adjust the rent for a lease on surrender of part of the land leased with the agreement of the holder of the lease.