Surrender of land
12 Surrender of land
As soon as practicable after the commencement of this Act, the Trustee is to surrender to the Crown, and the Crown is to accept surrender of—
the estate in fee simple held by the Trustee in the land described as Lots 641 and 643 Parish of Coonambelah and shown on the plan in Schedule 2; and
the leasehold interest held by the Trustee in that part shown on the plan in Schedule 2 of the land currently leased by the Trustee under Special Lease 44/47072.
Despite the provisions of the Land Act 1962, the Trustee is not required to give notice of intention to surrender under subsection (1).
The Crown incurs no liability because of surrenders under subsection (1).
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