Queensland Consolidated Acts(1) The chief executive may from time to time under, subject to, and in accordance with the provisions of this part sell, on behalf of the Crown, any forest products or quarry material the absolute property of the Crown save forest products on protected areas.
(1AA) Without limiting subsection (1), the chief executive may enter into a profit a prendre giving FPQ the right to deal with natural resource products on State plantation forests.
(1A) Such a sale may be made to such persons at such prices or at such rates and on such terms and subject to such conditions and reservations as the chief executive thinks fit, and unless otherwise prescribed the sale may be by auction, tender, or otherwise.
(2) It shall be deemed to be a condition of every sale by the chief executive on behalf of the Crown of any forest products or quarry material on any land that the purchaser shall not get from the land the forest products or quarry material the subject of the sale, or any part thereof, except under the authority of and in compliance in every respect with the requirements of a sales permit for getting the forest products or quarry material.
(3) Without limiting subsection (2), a sales permit for getting native forest hardwood sawlogs under the native forest sawlog allocation system for south-east Queensland may--
(a) be granted for a period of not more than 25 years; and
(b) provide for compensation payable to the permittee in stated circumstances; and
(c) require the permittee to give the State the first right of refusal to an assignment or transfer of the permit.