Queensland Consolidated Acts(1) On acceptance of the offer, the Minister may issue a lease (the new lease) in accordance with the terms of the accepted offer.
(2) The new lease must be issued for the same purpose as the lease (the old lease) the subject of the renewal application.
(3) For working out the purpose of the old lease, the Minister may have regard to its category and conditions.
(4) Additional unallocated State land may be included in the new lease, if chapter 4, part 1, division 2 is complied with.
Editor's note—
Chapter 4, part 1, division 2 is about interests available in land without competition.
(5) The new lease is issued subject to all relevant registered interests to which the old lease was subject, and in the same priorities.
(6) On the registration of the new lease, the old lease is taken to have been wholly surrendered.
(7) The surrender must be registered.