Victorian Consolidated Legislation

Melbourne Lands and Market Sites Act 1991 - SECT 4

Sale of site

4. Sale of site



(1) The Minister, on behalf of the Crown, may sell all or any part of the land
described in Part III of the Second Schedule to the
Melbourne Market and Park Lands Act 1933 to a person or body approved by the
Minister.

(2) The sale may be for any consideration or on any other terms and conditions
that may be determined by the Minister.

(3) The Minister, on behalf of the Crown, may execute any document or do
anything else necessary to give effect to the sale.

(4) The net proceeds of a sale of land under this section (after deducting the
costs and expenses of the sale and any amounts payable under any agreement
made under this Act in respect of the land sold) must be paid into the
Victorian Debt Retirement Fund established under the Victorian Debt Retirement
Fund Act 1990.



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