Queensland Consolidated Acts

LAND ACT 1994 - SECT 374A

374A Interests held in trust must be registered

(1) Unless a lease is issued to a person as trustee under section 374 , a person may hold an interest in a lease or sublease in trust only if there is registered—

(a) a transfer of the interest to, or a document creating the interest in favour of, the person as trustee; or

(b) a request to vest the interest in the person as trustee.

(2) For subsection (1) (b) , a request to vest an interest in a lease or sublease in a person as trustee includes a request to give effect to an order of a court appointing the person as trustee for the sale of the lease or sublease.