Sale of places and objects by the Heritage Council
242 Sale of places and objects by the Heritage Council
The Heritage Council, with the consent of the Minister, may do any of the following in respect of a place or object acquired under this Part—
sell, lease, exchange, dispose or otherwise deal with the place or object;
grant easements or rights of way over any land or any part of the land.
If acquired land is leased, the rental or other consideration fixed by the Heritage Council must produce an amount not less than the percentage the Treasurer directs in respect of that lease, or of leases of the class to which the lease belongs, of the fair market value of the property.
This section does not apply to an archaeological artefact, shipwreck or shipwreck artefact.
Pt 11A (Heading) inserted by No. 5/2023 s. 102.
This Act’s bill:Explanatory memorandumSecond reading speech
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