Queensland Consolidated Acts

LAND ACT 1994 - SECT 373ZA

373ZA Dealing with a carbon abatement interest

(1) The holder of a carbon abatement interest for land may transfer, mortgage or pass to a beneficiary the holder’s interest over the land.

(2) However, before dealing with the interest the grantee must obtain the consent of the relevant Minister for the land.

(3) Divisions 1 and 4 and sections 377 to 380 apply to a dealing with a carbon abatement interest—

(a) as if the interest were a lease; and

(b) as if a reference to a lessee were a reference to the holder of the interest; and

(c) with other necessary changes.