Queensland Consolidated Acts

INALA SHOPPING CENTRE FREEHOLDING ACT 2006 - SECT 13

13 Notice to lessees of recording of community management statements etc.

(1) Within 7 days after the first community management statements for the principal scheme and subsidiary scheme are recorded, the chief executive must give each lessee of a shopping centre lease—

(a) a notice (a
"conversion notice" ) stating each of the following—

(i) that community management statements for the principal scheme and subsidiary scheme have been recorded;

(ii) the conversion day;

(iii) the information the lessee is required to give the chief executive before the conversion day; and

(b) a tax invoice issued by the department that shows the conversion cost payable by the lessee.

(2) The information stated in a conversion notice under subsection (1) (a) (iii) must be—

(a) information in, or to the effect of, the approved form for the Valuation of Land Act 1944 , section 81 (1) ; and

(b) any other information reasonably required by the chief executive in relation to the vesting of a transfer lot in the lessee.

(3) In this section—

"tax invoice" see the A New Tax System (Goods and Services Tax) Act 1999 (Cwlth) , section 195 - 1.