sec.373ZADealing with a carbon abatement interest

### sec.373ZA Dealing with a carbon abatement interest The holder of a carbon abatement interest for land may transfer, mortgage or pass to a beneficiary the holder’s interest over the land. However, before dealing with the interest the grantee must obtain the consent of the relevant Minister for the land. Divisions 1 and 4 and sections 377 to 380 apply to a dealing with a carbon abatement interest— as if the interest were a lease; and as if a reference to a lessee were a reference to the holder of the interest; and with other necessary changes. s 373ZA ins 2011 No. 31 s 331 (sec.373ZA-ssec.1) The holder of a carbon abatement interest for land may transfer, mortgage or pass to a beneficiary the holder’s interest over the land. (sec.373ZA-ssec.2) However, before dealing with the interest the grantee must obtain the consent of the relevant Minister for the land. (sec.373ZA-ssec.3) Divisions 1 and 4 and sections 377 to 380 apply to a dealing with a carbon abatement interest— as if the interest were a lease; and as if a reference to a lessee were a reference to the holder of the interest; and with other necessary changes. - (a) as if the interest were a lease; and - (b) as if a reference to a lessee were a reference to the holder of the interest; and - (c) with other necessary changes.