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LAND ACT 1994 - SECT 26B
Forest entitlement areas
26B Forest entitlement areas
(1) Subject to the terms of the reservation for a forest entitlement area, a
lessee or registered owner may use and occupy the forest entitlement area.
(2) If the forest entitlement area is no longer needed by the State the lessee
or registered owner may buy the forest entitlement area under sections 24 and
25 . Note— Section 24 is about the disposal of reservations no longer
needed and section 25 is about the disposal of reservations by sale.
(3) If
the lessee or registered owner buys the forest entitlement area, the lessee or
registered owner must also pay the value of the commercial timber on the
forest entitlement area.
(4) When a payment, as a first instalment or in
full, is made for the forest entitlement area and the value of the commercial
timber— (a) the reservation is discharged and the area ceases to be a forest
entitlement area; and
(b) the commercial timber become the property of the
person for whose benefit the reservation is discharged.
(5) If the lessee or
registered owner does not want to buy the forest entitlement area, possession
of the forest entitlement area may be resumed, subject to section 26C , under
section 24 . Note— Section 26C is about the effect of resumptions on forest
entitlement areas.
(6) For subsection (3) , the value of the commercial
timber on a forest entitlement area is decided by the Minister in the way
prescribed by regulation.
(7) The value of the commercial timber decided by
the Minister must be its value on the day— (a) if the lessee or registered
owner applies to buy the forest entitlement area—the application was
received by the Minister; or
(b) if the Minister made an offer to sell the
forest entitlement area before the lessee or registered owner applied to buy
the forest entitlement area—the offer was made.
(8) The lessee or
registered owner may appeal against the value decided by the Minister for the
commercial timber. Note— Under section 421 (Notice of right of appeal to be
given), a person who has a right to appeal against a decision must be given
notice of the person’s right to appeal.
(9) However, if the lessee or
registered owner appeals against the value decided by the Minister under
subsections (6) and (7) , the value of the timber decided by the court must be
the value of the timber on the day the appeal is decided.
(10) Subsection (9)
has effect despite anything in chapter 7 , part 3 , division 3 .
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