On the surrender of all or part of a deed of grant in trust, the following applies in relation to the land the subject of the surrender—
(a) the trust ends;
(b) all appointments of trustees are cancelled;
(c) all interests in the deed of grant in trust are extinguished;
(d) the land becomes unallocated State land;
(e) no person has a right to claim compensation from the Minister or the State for the surrender.