Abolition of trusts over reserves under section 126 or 127 of Crown Lands Act 1989
12 Abolition of trusts over reserves under section 126 or 127 of Crown Lands Act 1989
This clause applies to land (special trust land) to which section 126 or 127 of the Crown Lands Act 1989 applied if there were trustees for the land but not a reserve trust.
On the repeal day, each trust over special trust land is abolished.
Note.
Special trust land becomes reserved Crown land on the repeal day. See Division 2 of this Part.
The following provisions apply on and from the repeal day if the special trust land was not under the management of a local council—
a statutory land manager with a board is taken to have been constituted under this Act,
the name of the statutory land manager is taken to be the name of the abolished trust (excluding the word “Trust” if it forms part of its name) and ending with the words “Land Manager”,
each trustee of the abolished trust is taken to have been appointed as a member of the board of the statutory land manager,
the statutory land manager is taken to have been appointed as the Crown land manager of the special trust land,
the assets, rights and liabilities of the abolished trust are transferred to the statutory land manager (subject to Division 2 of this Part).
If the special trust land was under the management of a local council, the local council is taken on and from the repeal day to have been appointed as the Crown land manager of the land.
If a trustee of an abolished trust appointed by this clause as a member of the board of a statutory land manager did not hold office for a specified term, the former trustee is taken to have been appointed as a member of the board for a period of 5 years.
Schedule 6 applies to a transfer of any assets, rights or liabilities under this clause.
This Act’s bill:Explanatory memorandumSecond reading speech
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