Queensland Consolidated Acts

LAND ACT 1994 - SECT 373S

373S Creation only by registration

(1) A carbon abatement interest for land—

(a) is created by registering the document creating the interest in the appropriate register; and

(b) can not be created other than under this division.

(2) A document creating a carbon abatement interest must—

(a) be validly executed; and

(b) include—

(i) a description adequate to identify the land the subject of the interest; and

(ii) the terms of the interest, including the right to use the land; and

(iii) the period for which the interest is granted.

(3) If the carbon abatement interest relates to a part of a lot, the document may only be registered if—

(a) a plan of survey has been registered, designating the part of the lot as being the subject of a carbon abatement interest; and

(b) the document includes a description identifying the part of the lot designated on the registered plan of survey.

(4) This section does not limit the matters that the appropriate form for a document creating a carbon abatement interest may require to be included in the document.