Victorian Consolidated Legislation
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Melbourne Market and Park Lands Act 1992 - SECT 5
Sale of site
5. Sale of site
(1) The Minister, on behalf of the Crown, may sell all or any part of the land
in certified plan No. 110853 lodged in the Central Plan Office to the Royal
Australasian College of Surgeons on any terms and conditions that the Minister
thinks fit.
(2) Without limiting sub-section (1), those terms and conditions-
(a) may entitle the purchaser to possession of the land sold on payment of
part of the purchase price;
(b) may require the purchaser to enter into an agreement with the Minister
or the Melbourne City Council concerning the maintenance of and public
access to the gardens on the land;
(c) may provide that the Minister is to lease that part of the land on
which public gardens are located to the Melbourne City Council until
the date of completion of the sale and for the relationship between
the interest and rights of the lessee under the lease and the rights
of the purchaser if the purchaser becomes entitled to possession of
the land under the contract of sale;
(d) may require the purchaser, on the completion of the sale, to enter
into a lease with the Melbourne City Council of that part of the land
used for public gardens and for that lease to be in a form approved by
the Minister;
(e) must state the terms, conditions, covenants, exceptions, reservations
and limitations that are to be included in any Crown grant to which,
in accordance with the contract of sale, the purchaser may become
entitled.
(3) The Minister, on behalf of the Crown, may execute any document or do
anything else necessary to give effect to the sale.
(4) Without limiting section 2(2) of the Sale of Land Act 1962 Part I of that
Act does not apply to a terms contract for the sale of land entered into under
this section.
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