The Minister may accept the surrender of, or may sign a surrender of, land mentioned in this division if the Minister is satisfied—
(a) the land is not subject to an encumbrance that would prevent the land from being surrendered or, if the land is encumbered, the encumbrancee has given written approval to the surrender; and
(b) the interests of any occupiers have been taken into consideration; and
(c) notice of the intention to surrender has been adequately advertised in the gazette.