Queensland Consolidated Acts

HOUSING (FREEHOLDING OF LAND) ACT 1957

TABLE OF PROVISIONS

           Long Title

           Contents

           Part 1--Preliminary

   1.      Short title
   2.      Dictionary
   3.      Act to be read with Housing Act 2003

           Part 2--Homes and home sites

           Division 1--Preliminary

   3A.     Declared percentage

           Division 2--Voluntary conversion of residential leases to freehold land
           Subdivision 1--Residential leases other than conversion in progress leases

   3B.     Application of sdiv 1
   3C.     Lessee's application to convert residential lease
   4.      Chief executive's offer to convert
   4A.     Purchase price
   4B.     Acceptance of offer to convert
   4C.     How conversion takes effect
           Subdivision 2--Conversion in progress leases
   5.      Application of sdiv 2
   5A.     Purchase price
   5B.     Acceptance and payment of purchase price

           Division 3--Automatic conversion of residential leases to freehold land
           Subdivision 1--Preliminary

   5C.     Application of div 3
   6.      Definitions for div 3
   6A.     Meaning of prescribed change of ownership
           Subdivision 2--Process for automatic conversion of residential leases to freehold land
   6B.     Cancellation of lease on registration of transfer
   6C.     Conversion cost may be paid before issue of deed of grant
   7.      Creation of chief executive's charge
   7A.     Requirement to pay conversion cost
   7B.     Payment period—deceased lessee
   7C.     Enforcement of chief executive's charge—notice of intention to sell land
   8.      Release of chief executive's charge on payment of conversion cost etc.
   8A.     Sale of land by chief executive
   8B.     Priority of local government charge preserved
   9.      Chief executive's charge not affected by mortgagee sale
           Subdivision 3--Miscellaneous provisions
   9A.     Condition of unconverted lease
   9B.     Notification about application of div 3 to unconverted leases to be kept with register
   10.     Disclosure requirement—contract for sale of unconverted lease
   10A.    No compensation

           Part 3--Industrial, trading and business sites

   10B.    Application for conversion of certain leases in perpetuity to leases for term of years with freeholding covenant
   10C.    Purchasing price
   10D.    Matters to be determined by Minister
   10E.    Lessee to elect whether to proceed with application
   10F.    Conversion to freeholding lease
   10G.    Terms and conditions of freeholding lease
   10H.    Payment of purchasing price including interest thereon
   10I.    Freeholding covenant
   10J.    Application of Land Act 1994 to freeholding leases

           Part 4--Transitional provision for Housing Legislation Amendment Act 2005

   11.     Continued application of previous pt 2, div 1 for residential freeholding leases
           SCHEDULE 2 DICTIONARY
           Endnotes