Queensland Consolidated Acts(1) A lease for more than 30 years may be granted under section 37D(1)(a) only--
(a) for private residential purposes; or
(b) with the Minister's prior written consent, for another purpose if, having regard to the nature of the lease, the Minister is satisfied the grant of the lease is for the benefit of persons for whom the grantees hold the land.
Examples of another purpose for paragraph (b)--
a commercial purpose or providing public infrastructure
(2) A lease for more than 30 years may be granted under section 37D(1)(b) only--
(a) for a following purpose--
(i) a purpose under the Housing Act 2003;
(ii) providing public infrastructure;
(iii) providing residential accommodation for public service employees; or
(b) with the Minister's prior written consent, for another purpose if, having regard to the nature of the lease, the Minister is satisfied the grant of the lease is for the benefit of persons for whom the grantees hold the land.
Example of another purpose for paragraph (b)--
a commercial purpose
(3) A lease may be granted under section 37D(1)(c) for a private residential purpose only if the lease is to support a lease granted under that section for a commercial purpose.
(4) If the Minister's consent is required for the grant of a lease under section 37D(1)(c)(ii), the Minister may give consent only if the Minister is satisfied that, having regard to the nature of the lease, the grant of the lease is for the benefit of persons for whom the grantees hold the land.
(5) The Minister may consent to the grant of a lease for more than 30 years for a commercial purpose only if the lease is granted over an entire lot as shown in the appropriate register.