Queensland Consolidated Acts

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BRISBANE TRADES HALL MANAGEMENT ACT 1984 - SECT 10

Trustees to retain part of improvements

10 Trustees to retain part of improvements

Notwithstanding the provisions of this Act, it shall not be competent to the trustees to sell or lease part or parts only of the Peel Street property unless as a consequence of such sale or leasing an area of the improvements on such land that constitutes, in the opinion of the Governor in Council, not less than 51% of the commercially useable floor space in those improvements remains vested in or, as the case may be, in the exclusive possession of the trustees.



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