Queensland Numbered Acts Queensland Numbered Acts(1) This section applies to any property that--
(a) immediately before the relevant completion day, is abandoned property under TIA, chapter 8, part 4B, in the possession of a port authority; and
(b) is abandoned on land that--
(i) on the completion day for Cairns International Airport, is Cairns airport land; or
(ii) on the completion day for Mackay Airport, is Mackay airport land.
(2) On the relevant completion day, the property becomes abandoned property under chapter 4, part 6.
(3) Anything done by the port authority under TIA, chapter 8, part 4B in relation to the property is taken to have been done by the relevant airport operator under chapter 4, part 6.
(4) The port authority must give the property to the airport operator for the airport land as soon as practicable after the completion day.
(5) However, if the property is insufficient value property under TIA section 289H, the port authority may dispose of it in a way the port authority considers appropriate.