sec.26Powers in relation to land

### sec.26 Powers in relation to land In order to fulfil its objects and functions the corporation may, with the prior approval of the Minister— buy, sell, lease, exchange or otherwise acquire or dispose of land within the corporation area whether vested in it at the commencement of this Act or not; and grant such easements or rights of way in relation to land within the corporation area as it considers necessary; and transfer or surrender to the Crown in right of Queensland any land possessed by it within the corporation area, that land then to be Crown land and dealt with in accordance with the provisions of the Land Act 1994 . The corporation may, with the prior consent of the Minister, grant a perpetual lease over land within the commercial precinct. The Minister may vary the area shown hatched on the plan in schedule 15 , plan 2 (to the extent the area is land of which the corporation is the registered owner or is entitled to be the registered owner) for the purpose of making a minor boundary adjustment to the commercial precinct. The area as varied by the Minister under subsection (3) is taken to be part of the commercial precinct. The Minister’s approval under subsection (1) is not required for the grant or transfer of— a short lease within the meaning of the Land Title Act 1994 or an interest the particulars of which may not be recorded in the freehold land register; or any other interest, or class of interest, that the Minister advises the corporation, in writing, is an interest for which the Minister’s approval is not required. Before entering into a lease of land over a road, a public authority is to consult with the Minister administering the Land Act 1994 . In this section— commercial precinct means the parts of each of the following areas of land of which the corporation is the registered owner or is entitled to be the registered owner— the area shown hatched on the plan in schedule 15 , plan 1; the area shown hatched on the plan in schedule 15 , plan 2. perpetual lease means a lease for a term of 999 years. s 26 (prev s 23) amd 1991 No. 67 s 15 ; 1993 No. 71 s 12 ; 1994 No. 11 s 194 sch 2 ; 1998 No. 26 s 13 ; 1999 No. 50 s 3 ; 2003 No. 24 s 19 (3) – (4) ; 2003 No. 24 s 19 (1) – (2) reloc and renum 2003 No. 24 s 20 (1) amd 2012 No. 43 s 256 (sec.26-ssec.1) In order to fulfil its objects and functions the corporation may, with the prior approval of the Minister— buy, sell, lease, exchange or otherwise acquire or dispose of land within the corporation area whether vested in it at the commencement of this Act or not; and grant such easements or rights of way in relation to land within the corporation area as it considers necessary; and transfer or surrender to the Crown in right of Queensland any land possessed by it within the corporation area, that land then to be Crown land and dealt with in accordance with the provisions of the Land Act 1994 . (sec.26-ssec.2) The corporation may, with the prior consent of the Minister, grant a perpetual lease over land within the commercial precinct. (sec.26-ssec.3) The Minister may vary the area shown hatched on the plan in schedule 15 , plan 2 (to the extent the area is land of which the corporation is the registered owner or is entitled to be the registered owner) for the purpose of making a minor boundary adjustment to the commercial precinct. (sec.26-ssec.4) The area as varied by the Minister under subsection (3) is taken to be part of the commercial precinct. (sec.26-ssec.5) The Minister’s approval under subsection (1) is not required for the grant or transfer of— a short lease within the meaning of the Land Title Act 1994 or an interest the particulars of which may not be recorded in the freehold land register; or any other interest, or class of interest, that the Minister advises the corporation, in writing, is an interest for which the Minister’s approval is not required. (sec.26-ssec.6) Before entering into a lease of land over a road, a public authority is to consult with the Minister administering the Land Act 1994 . (sec.26-ssec.7) In this section— commercial precinct means the parts of each of the following areas of land of which the corporation is the registered owner or is entitled to be the registered owner— the area shown hatched on the plan in schedule 15 , plan 1; the area shown hatched on the plan in schedule 15 , plan 2. perpetual lease means a lease for a term of 999 years. - (a) buy, sell, lease, exchange or otherwise acquire or dispose of land within the corporation area whether vested in it at the commencement of this Act or not; and - (b) grant such easements or rights of way in relation to land within the corporation area as it considers necessary; and - (c) transfer or surrender to the Crown in right of Queensland any land possessed by it within the corporation area, that land then to be Crown land and dealt with in accordance with the provisions of the Land Act 1994 . - (a) a short lease within the meaning of the Land Title Act 1994 or an interest the particulars of which may not be recorded in the freehold land register; or - (b) any other interest, or class of interest, that the Minister advises the corporation, in writing, is an interest for which the Minister’s approval is not required. - (a) the area shown hatched on the plan in schedule 15 , plan 1; - (b) the area shown hatched on the plan in schedule 15 , plan 2.