Queensland Consolidated Acts

LAND ACT 1994 - SECT 257

257 Amendment of prescribed term

(1) This section applies to a relevant interest that is subject to a prescribed term if the prescribed term is amended.

(2) The relevant interest is subject to the prescribed term as amended (the
"amended prescribed term" ) from the expiry of the transition period for the amended prescribed term.

(3) This section applies despite any other provision of this Act.

(4) In this section—

"transition period" , for an amended prescribed term, means a period, prescribed by regulation, starting on the commencement of the amended prescribed term.