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Queensland act
This Queensland law from 1989 ended a major development agreement between the Queensland Government and a Japanese company, Iwasaki Sangyo Co. (Aust.) Pty. Ltd., that had been operating under the Queensland International Tourist Centre Agreement Act 1978. Rather than simply cancelling that agreement and walking away, this Act sets out a detailed set of ongoing obligations and land arrangements that replaced it.
The company was required to survey (within 3 months) and build (within 12 months) a new road at its own expense, connecting the Yeppoon-Byfield road to a public fishing reserve (Landing Reserve R11). Once the new road was certified complete, an old dedicated road would be permanently closed and the company could keep that old road land. Until this was done, the company certain land it owned. If the company failed to build the road, the Livingstone Shire Council could do it and , with that debt acting as a legal charge (a kind of mortgage) on the company's land.
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Direct links to the current provisions in Queensland International Tourist Centre Agreement Act Repeal Act 1989.
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View on official registerSourced from Queensland Legislation (legislation.qld.gov.au), CC BY 4.0.
Two special leases the company held were cancelled, and that land — along with some additional Crown land (government-owned land) — was converted into environmental parks under the trusteeship of the Director of National Parks. The company cannot sue for compensation over this. The company must also allow the Director of National Parks free access through its private roads to reach the parks. Blocking this access is a criminal offence with heavy fines (up to 500 penalty units per day for corporations).
The company must regularly report water usage data (quantity, water levels, and water quality from wells, springs and dams on its land) to the Water Resources Commissioner. If the company's activities reduce the water supply or quality for neighbouring landowners, the company must fix the problem at its own expense. Failing to do so is a serious criminal offence.
The Act expressly states that the company's land is now subject to normal Queensland laws it may previously have been exempt from — including local government, mining, petroleum, water resources, beach protection and canal legislation.
Breaching the Act is a criminal offence. Continuing breaches attract daily fines. Prosecutions require written Ministerial authorisation and are handled in the Magistrates Court (summary proceedings).