Reservation of Exhibition land
40 Reservation of Exhibition land
The permanent reservation of the Exhibition land is revoked.
The Exhibition land—
is divested from the Exhibition Trustees and ceases to be under the general control, administration and management of the Exhibition Trustees; and
vests in the Crown; and
is deemed to be unalienated land of the Crown, freed and discharged from all trusts, limitations, reservations, restrictions encumbrances, estates and interests except those referred to in subsection (3).
S. 40(3) amended by No. 61/1996 s. 63(f).
Subsection (2)(c) does not affect the continuity, status or effect of any lease, licence, permit or authority existing over the Exhibition land immediately before the date it was vested in the Crown under this section, but from that date the lease, licence, permit or authority has effect as if granted by the Board.
The Exhibition land is deemed to be permanently reserved under section 4(1) of the Crown Land (Reserves) Act 1978 as a site for exhibition and museum purposes.
S. 40(5) amended by No. 61/1996 s. 63(f).
The general control, administration and management of the Exhibition land is vested in the Board.
S. 40(6) amended by No. 61/1996 s. 63(f).
Nothing in the Crown Land (Reserves) Act 1978 relating to the management or control of Crown lands or reserves applies to the Board in exercising its powers under subsection (5) over the Exhibition land.
S. 41 inserted by No. 100/1995 s. 45.
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