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LAND ACT 1994 - SECT 26A
Disposal of redundant reservation
26A Disposal of redundant reservation
(1) If a reservation for a public purpose in a deed of grant in trust, a term
lease or a perpetual lease is no longer needed for the purpose, the Minister
may dispose of the reservation under this section.
(2) The Minister disposes
of the reservation by approving the lodgement of a plan of subdivision that
cancels the reservation and incorporates the land the subject of the
reservation as land contained in the grant or lease.
(3) If the reservation
is in a deed of grant in trust, the disposal must happen in conjunction with a
surrender, under section 358 (1) , of the land contained in the deed of grant
in trust.
(4) If the reservation is in a term lease or perpetual lease and a
rent and instalment regulation applies to it for the purposes of this section,
its rent may be adjusted as provided for in the rent and instalment regulation
in relation to any increase in the area of land in the lease.
(5) In this
section—
"reservation" includes part of a reservation.
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