Barrister AI
All legislation
QLDAct
In force
Held text is as at 22 Nov 2023. Later incorporated or unincorporated amendments may not yet appear.Check the official source before relying on current wording →
s 8

Restriction on selling State leasehold land

In force
Part 2Sale of proposed lots
Division 1Preliminary

8 Restriction on selling State leasehold land

(1)

A person may sell a proposed lot that is State leasehold land, other than a development lease, only if—

(a)

the chief executive under the Land Act 1994 has made a subdivision offer for the proposed subdivision of the lot under section 176A of that Act; and

(b)

the lessee of the land has accepted the subdivision offer under the Land Act 1994.

Note—See the Land Act 1994, section 403T for requirements for acceptance of offers under that Act.

Maximum penalty—200 penalty units or 1 year’s imprisonment.

(2)

A person may sell a proposed lot that is a development lease only if the Minister has consented, under the Land Act 1994, section 290J, to a plan of subdivision for the development lease dividing the development lease into proposed lots.Maximum penalty—200 penalty units or 1 year’s imprisonment.

(3)

A contract for the sale of a proposed lot entered into in contravention of subsection (1) or (2) is void.

(4)

Any person who paid an amount under a contract mentioned in subsection (3) may recover the amount, together with any interest accrued on the amount since it was paid, as a debt from the person to whom the amount was paid.

(5)

In this section—development lease means an existing development lease issued under the Land Act 1962, part 9, division 1 that is taken to be a term lease under the Land Act 1994, section 476.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.