Transport Infrastructure Act 1994

If land (including reclaimed land) above high-water mark is port land—

the Governor in Council may issue to the port lessor, without competition, a deed of grant over all or part of the land; or

the Minister may issue to the port lessor, without competition, a lease over all or part of the land for either a term of years or in perpetuity.

If land below high-water mark is port land the Minister may issue to the port lessor, without competition, a lease over all or part of the land for either a term of years or in perpetuity.

If tenure over port land is to be issued to the port lessor, the Governor in Council or the Minister may include that land with freehold land or a lease held by the port lessor.

If a deed of grant is issued for reclaimed land under this division, or if reclaimed land is included in freehold land under this division, the purchase price for the land is nil.

If reclaimed land is already held under a lease, the lease must be surrendered before a new lease or deed of grant is issued under this section.

The following provisions of the Land Act do not apply if this section applies—

section 16;

chapter 4, part 1, division 1;

section 127;

section 155(1).