Effect of cancellation or absolute surrender
481H Effect of cancellation or absolute surrender
On the cancellation or absolute surrender of all or part of an occupation licence, all of the following apply in relation to the land the subject of the cancellation or surrender—
the occupation licence ends;
the licensee is divested of any interest in the occupation licence;
if the occupation licence is cancelled—no person has a right to compensation from the Minister or the State for the cancellation;
the land the subject of the occupation licence—
if the land was subject to a designated occupation licence—remains a forest reserve, national park, State forest or timber reserve; or
otherwise—becomes unallocated State land.
This Act’s bill:Explanatory memorandum
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