Queensland Numbered Acts

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LAND AND OTHER LEGISLATION AMENDMENT ACT 2007 No. 19 - SECT 56

56 Amendment of s 115 (Conditions of sale)

Section 115--

insert--

'(3) Subsections (4) and (5) apply to a lease made available by public auction, tender or ballot if--

(a) the lease is for--
(i) rural leasehold land; and
(ii) a term of 20 years or more; and
(b) the lease land is 100ha or more.

'(4) The sale of the lease is subject to a condition that the proposed lessee enter into a land management agreement for the lease.

'(5) The lease is subject to conditions that--

(a) there must be a current land management agreement for the lease; and
(b) the lessee must comply with the agreement.'.


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