Queensland Numbered Acts

GEOTHERMAL ENERGY ACT 2010 No. 31 - SECT 579

Section 16--

omit, insert--

'A valuation of the unimproved value of land is not to include the value of any of the following on or in the land--

(a) geothermal energy as defined under the Geothermal Energy Act 2010;

(b) GHG storage reservoirs as defined under the Greenhouse Gas Storage Act 2009;

(c) minerals;

(d) petroleum as defined under the Petroleum and Gas (Production and Safety) Act 2004;

(e) timber.'.