(1) Where, at the
expiration of 12 years from the taking of possession of any rateable land by a
local government under section 6.64 —
(a) all
rates and service charges due and payable in respect of the land have not been
paid; and
(b) the
land has not, under the provisions of this Subdivision, been —
(i)
sold by the local government; or
(ii)
transferred to the local government; or
(iii)
transferred to the Crown,
by operation of this
section the fee simple in the land is to be transferred to the local
government subject to —
(c)
easements in favour of the public which affect the land; and
(d) the
rights of the Crown in right of the State or Commonwealth or a department,
agency, or instrumentality of the Crown in right of the State or Commonwealth;
and
(e)
rates and taxes (other than local government rates and service charges) due on
the land,
but free from other
encumbrances.
(2) Schedule 6.3 has
effect in relation to a transfer under this section.
[Heading amended: No. 55 of 2004 s. 693.]