Torres Strait Islander Land Act 1991

Subject to subsection (2), a lessee of Torres Strait Islander trust land may, under the Land Act, chapter 6, part 4, division 4, mortgage a trustee (Torres Strait Islander) lease.

For mortgaging a trustee (Torres Strait Islander) lease—

the Land Act, chapter 6, part 4, division 4, applies—

as if the reference in section 345(2) to the Minister were a reference to the trustee; and

as if section 346(1) provided that the mortgagee may offer the lease for sale by public auction or may sell the lease by private contract; and

as if the reference in section 346(3) to a person qualified under the Land Act to hold the lease were a reference to a person entitled under this Act to a grant of the lease; and

as if section 347 were omitted; and

section 138 applies as if the reference in section 138(1) to Torres Strait Islander land were a reference to Torres Strait Islander trust land.