Queensland Consolidated Acts Queensland Consolidated Acts(1) Subsection (2) applies if--
(a) a statutory charge existed over the retirement village land, the chief executive has released the charge; and
(b) the chief executive is satisfied--
(i) the scheme operator has complied with section 40(3); and
(ii) cancelling the scheme is appropriate, having regard to the objections, if any, made under section 40(3).
(2) The chief executive may--
(a) cancel the registration of the scheme; and
(b) record the cancellation in the register.