Queensland Consolidated Acts

LAND ACT 1994 - SECT 50

50 Vacation of office by trustee

(1) A trustee of trust land is taken to have vacated office if—

(a) the trustee dies, becomes incapable of acting or can not be located; or

(b) the trustee resigns by signed notice of resignation given to the Minister and the trustee’s resignation takes effect; or

(c) if the trustee is an incorporated body—the incorporated body ceases to exist.

(2) For subsection (1) (b) , a trustee’s resignation takes effect on the earlier of the following days—

(a) the day agreed by the Minister and the trustee;

(b) the day stated by the Minister in a notice given to the trustee;

(c) the day that is 1 year after the day the trustee’s notice of resignation was given to the Minister.

(3) The vacation of office of a trustee must be registered.

(4) The Minister may appoint, under section 44 , a new trustee to fill the vacated office.