Queensland Consolidated Acts Queensland Consolidated Acts(1) The Minister may give an approval to transfer the land only if satisfied--
(a) at least 75% of the transferor's members present at a general meeting of the transferor, and at least 75% of the transferee's members present at a general meeting of the transferee, agree to the transfer of--
(i) the land; and
(ii) the assets and liabilities of the transferor that will become the assets and liabilities of the transferee; and
(b) it is appropriate in the circumstances to transfer the land.
(2) If the Minister gives an approval to transfer the land, the chief executive must notify the approval by gazette notice.
(3) The gazette notice must--
(a) include all of the following--
(i) the name of the transferor;
(ii) a description of the land being transferred;
(iii) details of each registered interest in the land being transferred;
(iv) a description of all Aboriginal land, if any, held by the transferor after the transfer;
(v) the name of the transferee;
(vi) a description of all Aboriginal land held by the transferee after the transfer; and
(b) if the transferor is a land trust that is dissolved under section 40ZC(2)(c)(i) because of the transfer--state the land trust is dissolved.
(4) In this section--
description, in relation to land, means the description of the land as shown in the freehold land register.
registered interest means an interest registered under the Land Title Act.