Queensland Consolidated Acts

LAND ACT 1994 - SECT 373V

373V Additional requirements if granted by lessee of term lease

(1) This section applies if—

(a) an owner who is the lessee of a term lease proposes to grant a carbon abatement interest for land; and

(b) the proposed interest is for a period greater than the remaining term of the term lease.

(2) The document creating the interest may be registered only if the State—

(a) is a party to the interest; and

(b) has approved the terms of the document.