Law Courts Limited Act 1977 (NSW)

Law Courts Limited Act 1977 No 10

An Act to provide for the vesting of certain land in Law Courts Limited, a company incorporated under the Companies Act 1961; to exempt the Company from certain rates and taxes; to provide that certain Ministers are not to be treated as directors of the Company; and to validate certain matters.

1 Name of Act This Act may be cited as the Law Courts Limited Act 1977.

2 Definitions In this Act, except in so far as the context or subject-matter otherwise indicates or requires— appointed day means the day appointed and notified under section 3 (1). Company means Law Courts Limited, a company incorporated under the Companies Act 1961.

3 Vesting of land described in Schedule 1 (1) On a day to be appointed by the Governor for the purposes of this section and notified by proclamation published in the Gazette, the land described in Schedule 1— (a) becomes Crown lands (as defined in the Crown Lands Consolidation Act 1913) to the extent to which it is not Crown lands (as so defined) immediately before the appointed day, and (b) is freed and discharged from all trusts, conditions, encumbrances, dedications, reservations, obligations, estates, interests, contracts (being contracts relating to the disposition of any of the land), charges, rates, rights-of-way or other easements. (2) On or after the appointed day, a Crown grant of the land described in Schedule 1 may be issued to the Company, and the grant shall be issued subject to such trusts, conditions, covenants, exceptions, reservations and provisions (if any) as the Governor thinks fit and as are specified in the grant. (3) (Repealed) (4) No easement for railway purposes vested in the Public Transport Commission of New South Wales is affected by anything contained in or done under the foregoing provisions of this section. (5) A person who is divested of an estate or interest in any of the land described in Schedule 1 by the operation of subsection (1) has the same claim for compensation that he would have had had the land been resumed or appropriated under the Public Works Act 1912 and that Act applies to and in respect of the claim as if— (a) the land had been so resumed or appropriated by notification published under section 42 of that Act on the appointed day, and (b) the Minister were the Constructing Authority.