Queensland Consolidated Acts(1) This section applies if--
(a) residential premises are subject to a mortgage; and
(b) after the premises becomes subject to the mortgage, a residential tenancy agreement is entered into for the premises; and
(c) the mortgagee under the mortgage does not consent to the tenancy.
(2) If the mortgagee, or another person appointed under the mortgage, makes a demand for, takes a proceeding for the recovery of, or accepts, rent payable under the residential tenancy agreement, the mortgagee's or person's action does not operate as a consent to the tenancy.