Land Amendment Regulation (No. 2) 2012 (Qld)

Queensland Land Amendment Regulation (No. 2) 2012 Subordinate Legislation 2012 No. 87 made under the LandAct1994 Contents Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Amendment of s 39 (Percentage for protection against undue rental increases—Act, s 183AA) . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Amendment of sch 6A (Lease title references) . . . . . . . . . . . . . . 3 5 Amendment of sch 12 (Dictionary) . . . . . . . . . . . . . . . . . . . . . . . . 3

Land Amendment Regulation (No. 2) 2012 [s 1] 1 Short title This regulation may be cited as the Land Amendment Regulation (No. 2) 2012 . 2 Regulation amended This regulation amends the Land Regulation 2009 . 3 Amendment of s 39 (Percentage for protection against undue rental increases—Act, s 183AA) Section 39(2) and (3)— omit, insert— ‘(2) For section 183AA(2) of the Act, the prescribed percentage for a category 12 lease (other than a category 12 excluded lease) is— (a) 50% for the financial year ending 30 June 2013; and (b) 75% for the financial year ending 30 June 2014; and (c) 100% for the financial year ending 30 June 2015. ‘(3) For section 183AA(2) of the Act, the prescribed percentage for a category 13 lease (other than a category 13 excluded lease) is 100%. ‘(4) For section 183AA(2) of the Act, the prescribed percentage for a category 16 lease is 100%. ‘(5) Subsections (3) and (4) and this subsection expire on 30 June 2014. ‘(6) Subsection (2) and this subsection expire on 30 June 2015. ‘(7) In this section— body corporate means a body corporate under the BodyCorporate and Community Management Act 1997 . category 12 excluded lease means a category 12 lease held by— Page 2 2012 SL No. 87

Land Amendment Regulation (No. 2) 2012 [s 4] (a) a corporation that is not a charitable organisation, non-commercial community service organisation or body corporate; or (b) a government leasing entity (other than a local government). category 13 excluded lease means a category 13 lease— (a) with a title reference stated in schedule 6A; or (b) held by a person who carries on a mining business; or (c) held by a government leasing entity (other than a local government). mining business means a business, enterprise or activity that involves the extraction of minerals.’. 4 Amendment of sch 6A (Lease title references) (1) Schedule 6A, ‘17557158’, ‘17720146’, ‘40026381’ and ‘40026382’— omit. (2) Schedule 6A— insert— ‘40062352’. 5 Amendment of sch 12 (Dictionary) Schedule 12— insert— ‘ government leasing entity see section 30(3). non-commercial community service organisation see section 31(4).’. 2012 SL No. 87 Page 3

Land Amendment Regulation (No. 2) 2012 ENDNOTES 1 Made by the Governor in Council on 28 June 2012. 2 Notified in the gazette on 29 June 2012. 3 Laid before the Legislative Assembly on . . . 4 The administering agency is the Department of Natural Resources and Mines. © State of Queensland 2012 Page 4 2012 SL No. 87