QLDIn ForceAct
Land Act 1994
sec.139Improvements to be bought by incoming lessee or buyer
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### sec.139 Improvements to be bought by incoming lessee or buyer
If there are improvements, the property of the State or a previous lessee, on land to be leased or bought under this Act, the value of the improvements must be stated in the offer or in the sale notice.
The value of the improvements is the value on the day the offer was made or the sale notice was published.
The value of the improvements may be—
not negotiable; or
negotiable (the provisional value ).
The incoming buyer or lessee must pay the State the value of improvements within the time stated in the offer or the sale notice, whether or not a provisional value is to be negotiated.
(sec.139-ssec.1) If there are improvements, the property of the State or a previous lessee, on land to be leased or bought under this Act, the value of the improvements must be stated in the offer or in the sale notice.
(sec.139-ssec.2) The value of the improvements is the value on the day the offer was made or the sale notice was published.
(sec.139-ssec.3) The value of the improvements may be— not negotiable; or negotiable (the provisional value ).
(sec.139-ssec.4) The incoming buyer or lessee must pay the State the value of improvements within the time stated in the offer or the sale notice, whether or not a provisional value is to be negotiated.
- (a) not negotiable; or
- (b) negotiable (the provisional value ).