53Transfer of Crown land

53 Transfer of Crown land

(1)  [Section 53 Subsection (1) amended by No. 35 of 2018, s. 17, Applied:17 Dec 2018] The Minister, by notice published in the Gazette, may transfer Crown land, including all or any part of the Macquarie Point land, specified in the notice to the Corporation if –

(a) the Treasurer and the Minister administering the Crown Lands Act 1976 approve that transfer; and

(b) the Corporation has agreed to the transfer.

(2)  A notice under subsection (1)  –

(a) takes effect on the day it is published in the Gazette or a later day specified in the notice; and

(b) is not a statutory rule for the purposes of the Rules Publication Act 1953 .

(3)  On the day on which a notice under subsection (1) takes effect, the Crown land specified in the notice –

(a) ceases to be Crown land; and

(b) vests in the Corporation –

(i) subject only to those estates in the land specified in the notice; or

(ii) if the notice does not specify that the land vests subject to an estate, free from all encumbrances.