Queensland Consolidated Acts
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LAND ACT 1994 - SECT 120
Offer to winner of ballot or tender
120 Offer to winner of ballot or tender
(1) The winner of a ballot or tender must be made an offer on the terms stated
in the sale notice.
(2) If the offer is refused— (a) the applicant’s
deposit is forfeited to the State; and
(b) either— (i) if the offer was
made because of a ballot—the chief executive may reballot the land; or
(ii)
otherwise—the Minister or chief executive may deal with the land in a way
required or permitted under this Act.
(3) Only the applicants included in the
earlier ballot, other than the applicant who refused the offer, are to be
included in the reballot.
(4) An applicant who is eligible to be included in
the reballot, by notice to the chief executive, may withdraw from the
reballot.
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