Land Amendment Regulation (No. 1) 1995 (Qld)

Queensland Subordinate Legislation 1995 No. 385 Land Act 1994 LAND AMENDMENT REGULATION (No. 1) 1995 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Amendment of s 23 (When instalments are payable—Act, s 190) . . . . . . . 2 4 Insertion of new s 24A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 5 Replacement of s 27 (Guidelines for subletting without Minister’s approval—Act, s 333) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 27 Guidelines for subletting without Minister’s approval—Act s 333 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 6 Insertion of new pt 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 PART 9—ARRANGEMENTS FOR MEETING MINIMUM INSTALMENTS—ACT, s 507 40 Application of pt 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 41 Operation of pt 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 42 Residential leases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 43 Leases other than residential leases . . . . . . . . . . . . . . . . . . . . . . . . . . 5 44 Adjustment increase for whole year reduced term . . . . . . . . . . . . . . 6 45 Retention of original term for discount purposes . . . . . . . . . . . . . . . . 6

s1 2 s4 Land Amendment (No. 1) No. 385, 1995 ˙ Short title 1. This regulation may be cited as the Land Amendment Regulation (No. 1) 1995 . ˙ Regulation amended 2. This regulation amends the Land Regulation 1995 . ˙ Amendment of s 23 (When instalments are payable—Act, s 190) 3.(1) Section 23— insert— ‘ (3A) An instalment payable by the prescribed time mentioned in subsection (3) is for the year ending on the day immediately before the quarter day on or before which the instalment is payable.’. (2) Section 23— insert— ‘ (6) An instalment payable by the prescribed time mentioned in subsection (5) is for the year ending on the day immediately before the anniversary on or before which the instalment is payable.’. ˙ Insertion of new s 24A 4. Part 5— insert— ‘ Land for which register to be kept—Act, s 276 ‘ 24A.(1) For section 276(f) of the Act, the following land is prescribed— • land for which, under the TransportInfrastructureAct1994 , section 232(3) (including under a decision of the Governor in Council), the Minister may exercise continuing powers for the State. ‘ (2) In this section—

s5 3 s6 Land Amendment (No. 1) No. 385, 1995 “continuing powers” means powers mentioned in the Harbours Act 1955 , section 64 or 196 as in force immediately before the commencement of the Transport Infrastructure Act 1994 , section 232.’. ˙ Replacement of s 27 (Guidelines for subletting without Minister’s approval—Act, s 333) 5. Section 27— omit, insert— ˙ ‘ Guidelines for subletting without Minister’s approval—Act s 333 ‘ 27. The following guidelines are prescribed for section 333(2) of the Actfor a sublease of a lease— (a) the areas of both the lease and the sublease must be clearly identified in the sublease; (b) if the lease is mortgaged, the written consent of the mortgagee to the sublease must be endorsed on the sublease; (c) the lessee must ensure that— (i) the purpose for which the sublease is granted is not inconsistent with the purpose for which the lease was granted; (ii) the term of the sublease is less than the balance of the term of the lease.’. ˙ Insertion of new pt 9 6. After section 39— insert— ‘ PART 9—ARRANGEMENTS FOR MEETING MINIMUM INSTALMENTS—ACT, s 507 ˙ ‘ Application of pt 9 ‘ 40. This part applies to a lease if—

s6 4 s6 Land Amendment (No. 1) No. 385, 1995 (a) section 31 prescribes a minimum instalment (the “section 31 instalment” ) for the lease; and (b) at the commencement of section 507(3) of the Act, the instalment payable under the lease (the “lessee’s instalment” ) was less than the section 31 instalment. ˙ ‘ Operation of pt 9 ‘ 41.(1) This part prescribes arrangements for bringing the minimum instalment payable for a lease up to the level of the section 31 instalment. ‘ (2) The minimum instalment payable for the lease is the amount determined by— (a) applying section 42 or 43 to the lease to find out the minimum instalment; and (b) if section 44 applies, making an adjustment increase under that section. ‘ (3) For applying section 42 or 43— “x” means the lessee’s instalment. “y” means the section 31 instalment applying at the time section 42 or 43 is applied. ˙ ‘ Residential leases ‘ 42.(1) This section applies to a residential lease. ‘ (2) If y – x is more than $50 but less than or equal to $100, the minimum instalment is, for the instalment payable on or after— • 1 January 1996, x + $50 • 1 January 1997, y . ‘ (3) If y – x is more than $100 but less than or equal to $150, the minimum instalment is, for the instalment payable on or after— • 1 January 1996, x + $50 • 1 January 1997, x + $100 • 1 January 1998, y .

s6 5 s6 Land Amendment (No. 1) No. 385, 1995 ‘ (4) If y – x is more than $150, the minimum instalment is, for the instalment payable on or after— • 1 January 1996, x + 1 / 3 (y – x) • 1 January 1997, x + 2 / 3 (y – x) • 1 January 1998, y . ˙ ‘ Leases other than residential leases ‘ 43.(1) This section applies to a lease other than a residential lease. ‘ (2) If y – x is more than $100 but less than or equal to $200, the minimum instalment is, for the instalment payable on or after— • 1 January 1996, x + $100 • 1 January 1997, y . ‘ (3) If y – x is more than $200 but less than or equal to $300, the minimum instalment is, for the instalment payable on or after— • 1 January 1996, x + $100 • 1 January 1997, x + $200 • 1 January 1998, y . ‘ (4) If y – x is more than $300, the minimum instalment is, for the instalment payable on or after— • 1 January 1996, x + 1 / 3 (y – x) • 1 January 1997, x + 2 / 3 (y – x) • 1 January 1998, y . ˙ ‘ Adjustment increase for whole year reduced term ‘ 44.(1) The minimum instalment determined under section 42 or 43 for a lease must be increased to the extent necessary to ensure that the reduced term for the lease is a whole number of years. ‘ (2) Subsection (1) does not apply to a mining titles freeholding lease.

s6 6 s6 Land Amendment (No. 1) No. 385, 1995 ˙ ‘ Retention of original term for discount purposes ‘ 45. For applying section 30 to a lease to which this part applies, the balance of the term is taken to be the balance that would have applied if the lessee’s instalment had continued to apply.’. ENDNOTES 1. Made by the Governor in Council on 14 December 1995. 2. Notified in the gazette on 15 December 1995. 3. Laid before the Legislative Assembly on . . . 4. The administering agency is the Department of Lands. © State of Queensland 1995