Queensland Consolidated Acts

LAND ACT 1994 - SECT 373P

373P Effect of surrender of lease on profit a prendre

(1) If a lease subject to a profit a prendre is surrendered, other than absolutely, the profit a prendre is an interest in the lease that continues under section 331 (1) .

(2) If a lease subject to a profit a prendre is surrendered absolutely, the profit a prendre is an interest that, under section 331 (2) , is extinguished from the day the surrender is registered.