Queensland Consolidated Acts
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LAND ACT 1994 - SECT 25
Disposal of reservations by sale
25 Disposal of reservations by sale
(1) If land is sold under section 24 (1) , the sale price for the land is the
unimproved value of the land decided by the Minister in the way prescribed by
regulation.
(2) The registered owner or lessee may appeal against the
unimproved value.
(3) The unimproved value must be decided— (a) if the
registered owner or lessee applied to buy the land—for the day the
application was received by the Minister; or
(b) if the Minister made an
offer to sell the land before the registered owner or lessee applied to buy
the land—for the day the offer was made.
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