Cairns, Ipswich, and Toowoomba Public Land Mortgages Act of 1925 (16 Geo v No. 17) (Qld)

11524 PARKS AND PUBLIC LAND. Cairns, Ipswich, and Toowoomba, Etc;, Land Act. 16 GEO. V. No. 17. MOUNT ISA TO DUCHESS RAILWAY. See RAILWAYS. MOUNT ISA MINES LIMITED AGREEMENT. See RAILWAYS~ MOUNT ISA PROPRIETARY SILVER LEAD LIMITED AGREEMENT. See RAILWAYS. PARKS AND PUBLIC LAND. 16 N G o. eo 1 . 7 V . . An Act to Enable the Trustees of Certain Parcels THE CAIRNS, of Land at Cairns, Ipswich, and Toowoomba. IpSWICH, AND respectively, within the State of Queensland, TOOWOOMBA PUBLIC used for certain public purposes, to Mortgage LAND MORTGAGES the said Land and to Devote the Moneys so ACT OF 1925. raised to making Permanent Improvements on the s~ id Land. [ASSENTED TO 5TH NOVEMBER, 1925.] B E it enacted by the King's Most Excellent Majesty,. by and with the advice and consent of the Legis- lative Assembly of Queensland in Parliament assembled,. and by the authority of the same, as follows : - Short title. 1. This Act may be cited as "The Oairns, Ipswich, and Toowoomba Public Land Mortgages Act ot 1925." Interpreta. 2. In this Act, unless the context otherwise indicates, tion. the following terms have the meanings respectively assigned to them, that is to say:- Minister. "Minister"-The Secretary for Public Lands or other Minister of the Crown charged for the time being with the. administration of this Act; Trustees. " Trustees "-The persons in whom the land in question is vested or under whose control the same has been placed, and their lessees and successors;

PARKS AND PUBLIC LAND. 11525 1925. Cairns, Ipswich, and Toowoombo, Public Land Mortgages Act. --------------- " Prescribed "-Prescribed by regulations under Prescribed. this Act; "Public land," used in relation to Cairns. Public land. Ipswich, and Toowoomba respectively-The land particulars whereof are set forth in the Schedule to this Act against the names Schedule. respectively of those localities. 3. (1.) In order to raise funds for effecting improve- Power to ments or . adding to improvements already effected • on tmruosrttegeasgeto- the publIc land, the trustees thereof may make apphca- same. tion to the Minister for liberty to raise such funds by means of a mortgage of such public land. (2.) Such application shall be in writing, signed by the trustees or otherwise authenticated as prescribed, and shall state- (a) The amount of money proposed to be raised by means of a mortgage; (b) The purpose for which it is necessary to raise such money; (c) Whether any and what mortgage, encum- brance, or _charge already exists on or over the land; (d) If it is not proposed to mortgage the whole of the land, the portion thereof proposed to be mortgaged; (e) The terms, conditions, and duration of the proposed mortgage ; (f) By what means it is proposed to liquidate the proposed mortgage and interest from time to time accruing due thereon, and what further security (if any) in addition to the land and improvements can be given; (g) Such other particulars as may be prescribed. (3. Upon receipt of the said application the Minister may cause such inquiries to be made with respect to the matter as he thinks proper. (4.) If the Minister is satisfied that the application should be granted without any modification, or with such modifications as he deems to be in the best interests of the trust, he shall submit the matter to the Governor in Council for approval.

11526 PARKS AND PUBLIC LAND. Cairns, Ipswich, Etc., Public Land Act. 16 GEO. V. No. 17,1925. (5.) Thereupon the Governor in Council may, by Order in Council, grant liberty to the trustees to mortgage the public land or any specified part thereof upon such terms, conditions, and stipulations as he thinks p oper; and the trustees shall be at liberty to effect such mortgage accordingly in pursuance of such Order in Council, notwithstanding any restriction con- tained or implied in the deed of grant or *" The Land Acts, 1910 to 1924"; and a mortgage so made shall be valid and effectual for all purposes. Regulations. 4. The Governor in Council may from time to time make all such regulations as he deems necessary or expedjent for giving full effect, to this Act. All such regu~ ations, upon publication in the Gazette, shall be judicially noticed and shall have the same effect as if they were enacted in this Act. All such regulations shall be laid before Parliament within fourteen days after the publication thereof as aforesaid, if Parliament is then sitting, or if not, then within fourteen days after the commencement of the next session thereof. THE SCHEDULE. PARTICuLms OF PUBLIC LAND. - - -- - - - - - - ; - - - - - - - - - c- - - - ~ - ~ - - - - - - ~ Place. Nature of Trust. Parish. ------------- Area. oNf uDmebeedr. Date of Issue of Title. --- _. ,----,- -- - - - - - - - - 1. Cairns . . .. School of Arts Cairns A.R. P. 0 2 0 N2760 26 May. 1891 2. Ipswich •• .. Showground ..1 3. Toowoomba Racecourse Ipswich Drayton I 16 2 10 160 0 0 95203 23 July. 1908 I 15460 2 October. 1866 I -- - -~ - - - -- ~ -- ~- - - - - - - - - - ~ - - - - * 1 Geo. v. No. 15 and amending Acts, supra, pages 8775, 9177, 9180, 10096, 10598, 10605, 10639, and 11053.