Forestry and Land Title Amendment Bill 2001 (Qld)

Queensland

FORESTRY AND LAND TITLE AMENDMENT BILL 2001

Queensland

FORESTRY AND LAND TITLE

AMENDMENT BILL 2001 TABLE OF PROVISIONS Section PART 1—PRELIMINARY 1 Short title... eens 2 Commencement. ..... 0... eee eee eee

PART 2—AMENDMENT OF FORESTRY ACT 1959 Act amended in pt 2 and schedule.......... 0.0.00 4 Insertion of new pt 6B.... 6.6.6. ee

PART 6B—NATURAL RESOURCE PRODUCTS 61J Agreement about natural resource products ...............0045 PART 3—AMENDMENT OF LAND TITLE ACT 1994

5 Act amended in pt 3.0.0.2... 0... e cece eect eens 6 Amendment of sch 2 (Dictionary)........... 00... 7 Amendment to omit headings following cross references .............. SCHEDULE .....................4..

MINOR AMENDMENTS OF FORESTRY ACT 1959

NY DAD

A BILL FOR

An Act to amend the Forestry Act 1959 and Land Title Act 1994

Clause

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sl 4 s4 Forestry and Land Title Amendment Bill 2001

The Parliament of Queensland enacts—

PART 1—PRELIMINARY

1 Short title

This Act may be cited as the Forestry and Land Title Amendment Act 2001.

2 Commencement

This Act commences on a day to be fixed by proclamation.

PART 2—AMENDMENT OF FORESTRY ACT 1959

3 Act amended in pt 2 and schedule This part and the schedule amend the Forestry Act 1959.

4 Insertion of new pt 6B After part 6A—

insert—

'PART 6B—NATURAL RESOURCE PRODUCTS

'61J Agreement about natural resource products

"(1) The owner of land may enter into an agreement with another person (the "benefited person") about a natural resource product on the land.

'(2) If the land is mortgaged, the owner may only enter into the agreement with the mortgagee's consent.

'(3) The agreement may do 1 or more of the following— 1214 17 19

s4 5 s4 Forestry and Land Title Amendment Bill 2001

(a) vest all or part of the natural resource product in the benefited person;

(b) grant the benefited person the right to enter the land to do either or both of the following—