Document ID: chunk:federal_register_of_legislation:C2007C00447:clause:1_15
Version: federal_register_of_legislation:C2007C00447
Segment Type: clause
Provision Reference: sch 1 cl 15
Character Range: 20318–20917

15  After subsection 4(1AA)
Insert:

 (1AB) To avoid doubt, the Minister may establish a Land Trust under subsection (1) for the purpose of it holding land that is to be transferred to it under subsection 19(4).

 (1AC) If:
 (a) the Minister establishes a Land Trust (the new Land Trust) under subsection (1) for the purpose of it holding land that is to be transferred to it under subsection 19(4) by another Land Trust; and
 (b) the other Land Trust advises the Minister in writing that it is no longer going to transfer the land;
the Minister may, by written notice, abolish the new Land Trust.