Gladstone Power Station Agreement Act 1993
sec.25Unimproved value of power station land
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sec.25 Unimproved value of power station land
A determination under section 207D of the Land Act of the unimproved value of the power station land must be $1. The purchasing price to be specified in the written offer to the Commission under section 207C (a) or 207G (1) (a) of the Land Act must be $1. If the application is made before this Act commences, this section is taken to have commenced immediately before the application was made. In this section— application means the application made by the Commission under section 207 (1) of the Land Act to purchase an estate in fee simple in the power station land. power station land means the part of the land contained in Special Lease No. 19/42584 for which the Commission makes the application. (sec.25-ssec.1) A determination under section 207D of the Land Act of the unimproved value of the power station land must be $1. (sec.25-ssec.2) The purchasing price to be specified in the written offer to the Commission under section 207C (a) or 207G (1) (a) of the Land Act must be $1. (sec.25-ssec.3) If the application is made before this Act commences, this section is taken to have commenced immediately before the application was made. (sec.25-ssec.4) In this section— application means the application made by the Commission under section 207 (1) of the Land Act to purchase an estate in fee simple in the power station land. power station land means the part of the land contained in Special Lease No. 19/42584 for which the Commission makes the application.