Queensland Consolidated Acts(1) A term lease for land other than rural leasehold land must not be issued for more than 50 years.
(2) However, a term lease for land other than rural leasehold land may be issued for up to 100 years if it is for—
(a) a significant development or the operation and maintenance of a significant development; or
(b) a timber plantation; or
(c) a development that involves existing improvements that in the opinion of the Minister have required a high level of investment.
(3) A term lease for rural leasehold land must not be issued for more than 30 years.
(4) However, a term lease for rural leasehold land may be issued for a term of no more than 40 years, if—
(a) the lease land is 100ha or more; and
(b) the Minister is satisfied the lease land is in good condition.
(5) Also, a term lease for rural leasehold land may be issued for a term of no more than 50 years, if—
(a) the lease land is 100ha or more; and
(b) the Minister is satisfied the lease land is in good condition; and
(c) either or both of the following apply—
(i) if the Minister considers land (the relevant land) that is all or part of the lease land should be the subject of a conservation agreement or conservation covenant—a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land;
(ii) if the Minister considers it is appropriate for there to be an indigenous access and use agreement for land that is all or part of the lease land (the relevant land)—an indigenous access and use agreement for the relevant land has been entered into; and
(d) the Minister considers the term appropriate, having regard to either or both of the following for the lease land—
(i) the terms of any conservation agreement or conservation covenant;
(ii) the terms of any indigenous access and use agreement.
(6) In addition, a term lease for rural leasehold land may be issued for a term of no more than 75 years if all of the following apply—
(a) the lease land is 100ha or more;
(b) the Minister is satisfied the lease land is in good condition;
(c) all or part of the lease land (the declared land) is an area of international conservation significance under the Cape York Peninsula Heritage Act 2007;
(d) if the Minister considers land (the relevant land) that is all or part of the lease land should be the subject of a conservation agreement or conservation covenant—a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land;
(e) an indigenous land use agreement relating to the lease land has been entered into;
(f) the Minister considers the term is appropriate, having regard to any or all of the following for the lease land—
(i) the terms of any conservation agreement or conservation covenant;
(ii) the terms of the indigenous land use agreement;
(iii) the size of the declared land.
(7) This section is subject to sections 155A, 155B and 155BA.