Queensland Consolidated Acts Queensland Consolidated Acts(1) The Governor in Council, by agreement with a registered owner, may grant unallocated State land in exchange for all or part of the freehold land.
Note--
A deed of grant issued because of an exchange of land is issued under section 358.
(2) The Governor in Council, by agreement with a lessee of a freeholding lease, may grant a freeholding lease over unallocated State land in exchange for all or part of the freeholding lease.
Note--
A freeholding lease amended because of an exchange of land is amended under section 360(1)(f).
(3) The Minister, by agreement with a lessee of a term lease, other than a State lease, or a perpetual lease, may lease unallocated State land for a term of years or in perpetuity in exchange for all or part of the lease.
Note--
A term or perpetual lease amended because of an exchange of land is amended under section 360A(3)(c).
(4) A power under this section may be exercised only if the State's equity in land would not be reduced.