Queensland Consolidated ActsPreamble
1 Pursuant to the Ipswich Trades and Labour Hall Land Perpetual Lease Act 1925, the Governor in Council was empowered to grant perpetual leases to the trustees of the Ipswich and West Moreton Labour Day Celebration Committee over certain land in Nicholas Street Ipswich, which land was, by that Act, required to be held by the trustees for the purposes of a trades and labour hall and for no other purpose.
2 Those leases were granted and a trades and labour hall has been erected on the land aforesaid and the land has at all times been held for the purposes of that hall and for no other purpose.
3 The name and style of the trustees aforesaid is now the trustees of the Ipswich Trades Hall and Labour Day Committee.
4 The trustees aforesaid desire to exchange the land aforesaid and all improvements thereon freed and discharged from all trusts affecting the same for certain parcels of land in Bell Street Ipswich, of which parcels Kern Corporation Ltd is the owner and for improvements to be constructed on those parcels.
5 In consideration of the exchange aforesaid Kern Corporation Ltd is prepared to enter into an agreement that, amongst other things, Kern Corporation Ltd will cause to be designed and constructed on the parcels of land aforesaid in Bell Street Ipswich premises suitable for use in part as the Ipswich Trades Hall.
6 It is desirable to facilitate the objectives of the trustees and Kern Corporation Ltd in respect of the lands and improvements aforesaid.