Queensland Consolidated Acts

TORRES STRAIT ISLANDER LAND ACT 1991 - SECT 37V

If the grantees forfeit the lease, the grantees may deduct the following amounts from the maximum amount--

(a) an amount in payment of all costs properly incurred by the grantees in forfeiting the lease;

(b) an amount in payment of expenses incurred by the grantees to rectify damage caused to the lease land by the person who was the lessee;

(c) any amount owing to the grantees by the person under the lease;

(d) any amount owing to a mortgagee of the lease by the person under a mortgage of the lease.