Ipswich Trades Hall Act 1986

Upon the designated day—

the perpetual leases over the Nicholas Street lands shall terminate and those lands shall, subject to this Act, revert to being Crown land freed and discharged from all trusts and encumbrance easements that immediately before the designated day affected those lands; and

the Nicholas Street lands shall cease to have the benefit they had immediately before the designated day under any benefit easement; and

Kern Corporation Ltd shall be entitled to a grant by the Governor in Council of an estate in fee simple pursuant to the Land Act 1962 in the Nicholas Street lands in priority to all other persons and the registrar of dealings is hereby authorised, for that purpose, to amalgamate the lands referred to in the definition Nicholas Street lands, paragraphs (a) and (b); and

the trustees for the time being of the Ipswich Trades Hall and Labour Day Committee shall be entitled to a grant by the Governor in Council in trust of the Bell Street lands and the improvements thereon pursuant to the Land Act 1962-1986 under the official name of ‘The Trustees of the Ipswich Trades Hall and Labour Day Committee’ upon the trusts and with the powers specified in schedule 2; and

the powers specified in schedule 2 shall be deemed to form part of the purposes of the Ipswich Trades Hall; and

the purposes of the Ipswich Trades Hall shall be deemed to be public purposes within the meaning of the Land Act 1994.

The specification in schedule 2 of a power of the trustees shall not be taken to limit the powers of the trustees pursuant to the Land Act 1994 but in the event of any inconsistency between a power so specified and a provision of that Act schedule 2 shall prevail and the provision of that Act shall, to the extent of the inconsistency, be of no force or effect.