Queensland Consolidated Acts

LAND ACT 1994 - SECT 63

63 Rent to be charged

(1) A trustee may keep the rent paid under a trustee lease or trustee permit.

(2) The rent must be the most appropriate rent having regard to the use and the community benefit and purpose of the trustee lease or trustee permit.

(3) Unless the Minister first gives written approval, rent received from a trustee lease or trustee permit over trust land must be spent on the maintenance or enhancement of the trust land or grouped trust land.

(4) Subsection (3) does not apply if the trustee is—

(a) the State; or

(b) a statutory body prescribed under a regulation.