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LAND ACT 1994 - SECT 18
Exchanging land
18 Exchanging land
(1) The Governor in Council, by agreement with a registered owner, may grant
unallocated State land in exchange for all or part of the freehold land.
Note— A deed of grant issued because of an exchange of land is issued under
section 358 .
(2) The Governor in Council, by agreement with a lessee of a
freeholding lease, may grant a freeholding lease over unallocated State land
in exchange for all or part of the freeholding lease. Note— A freeholding
lease amended because of an exchange of land is amended under section 360 (1)
(f) .
(3) The Minister, by agreement with a lessee of a term lease, other
than a State lease, or a perpetual lease, may lease unallocated State land for
a term of years or in perpetuity in exchange for all or part of the lease.
Note— A term or perpetual lease amended because of an exchange of land is
amended under section 360A (3) (c) .
(4) A power under this section may be
exercised only if the State’s equity in land would not be reduced.
(5) If a
registered owner or lessee asks for an agreement to be made under this
section, the request must be accompanied by the fee prescribed under a
regulation.
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