55F
In forceEffect of surrender
Chapter 3Reserves, deeds of grant in trust and roads
Part 1Reserves and deeds of grant in trust
Division 6Powers of trustee
55F Effect of surrender
On the surrender of all or part of a deed of grant in trust, the following applies in relation to the land the subject of the surrender—
(a)
the trust ends;
(b)
all appointments of trustees are cancelled;
(c)
all interests in the deed of grant in trust are extinguished;
(d)
the land becomes unallocated State land;
(e)
no person has a right to claim compensation from the Minister or the State for the surrender.
This Act’s bill:Explanatory memorandum
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