THE QUEENSLAND-BRITISH FOOD CORPORATION (WINDING UP) ACT of 1953

Transcription

1 433 THE QUEENSLAND-BRITISH FOOD CORPORATION (WINDING UP) ACT of Eliz. 2 No. 27 An Act to Provide for the Winding Up of The Queensland-British Food Corporation. [Assented to 18 December 1953] 1. Short title and construction. This Act may be cited as "The Queensland-British Food Corporation (Winding Up) Act of 1953," and shall be read as one with "The Queensland-British Food Production Acts, 1948 to 1951." Queensland-British Food Production Acts, 1948 to 1951, not reprinted. 2. Meaning of terms. In this Act the following terms shall, unless the context otherwise indicates or requires, have the meanings respectively assigned to them, that is to say:- "Co-ordin31tor-General" - The Co-ordinator-General of Public Works under and within the meaning of "The State Development and Public Works Organisation Acts, 1938 to 1951"; "Minister"-The Premier and Chief Secretary or other Minister of the Crown for the time being charged with the administration of this Act. State Development and Public Works Organisation Acts, 1938 to 1958, see title WORKS. 3. Arrangements for winding up The Queensland-British Food Corporation validated. Pursuant to the arrangements for and in respect of winding up The Queensland-British Food Corporation made between representatives respectively of the United Kingdom Government and the Government of the State of Queensland (which arrangements are hereby confirmed, validated and ratified)- (a) The sum of nine hundred and sixty thousand pounds sterling shall be payable to the United Kingdom Government by the Government of the State of Queensland; (b) That sum shall be payable as prescribed by this Act and interest as prescribed by this Act shall be payable upon the amount thereof unpaid for the time being; (c) Payment of that sum, together with interest on the amount thereof unpaid for the time being, as prescribed by this Act shall satisfy and discharge in full all claims, rights, estates or interests by or of the United Kingdom Government or the Minister of Food for the United Kingdom against or in The 15

2 434 AGRICULTURE Vol. 1 Queensland-British Food Corporation, its undertaking, business, revenues or assets and in particular shall satisfy and discharge in full the liability of that corporation in respect of the repayment of the amount outstanding as at the thirtieth day of September, one thousand nine hundred and fifty-two, of advances made to it by the Overseas Food Corporation or by the Minister of Food for the United Kingdom. and for the payment as from that date of interest upon the amount then outstanding of the aforesaid advances; (d) The Government of the State of Queensland shall be responsible for all subsisting liabilities as at the thirtieth day of September, one thousand nine hundred and fifty-two, of The Queensland British Food Corporation, and subject to the discharge of those liabilities, and of all such liabilities as may be incurred after that date in respect of the maintenance, carrying on, management and control thereafter of the undertaking and business of the aforesaid corporation, and to making payment to the United Kingdom Government as prescribed by this Act, the Government of the State of Queensland shall be entitled to the whole beneficial interest in and to the undertaking and business of that corporation, its assets, revenues and the proceeds of its winding up. 4. Payment to the United Kingdom. The sum payable under section three of this Act to the United Kingdom Government, together with interest on the amount thereof unpaid for the time being, shall be paid by the Treasurer out of the Consolidated Revenue Fund as follows:- (a) Payment of one-half of that sum (namely an amount of four hundred and eighty thousand pounds sterling) shall be made by five equal annual instalments, which instalments shall become and be due and payable respectively on the thirtieth day of September of the year one thousand nine hundred and fifty-three, and of each of the next following four years; (b) Payment of one-half of that sum (namely an amount of four hundred and eighty thousand pounds sterling) shall be made by twenty-one equal annual instalments which instalments shall become and be due and payable respectively on the thirtieth day of September of the year one thousand nine hundred and fifty-three, and of each of the next following twenty years; (c) Payment of interest shall be made in sterling at the rate of three and one-quarter per centum per annum, and interest at that rate shall be deemed to have commenced to run as on and from the first day of October, one thousand nine hundred and fifty-two, shall be calculated upon annual rests, and shall become and be due and payable annually on the thirtieth day of September of the year one thousand nine hundred and fiftythree and of each year thereafter until the principal sum of nine hundred and sixty thousand pounds sterling shall have been paid in full. 5. Fund. (1) There shall be established in the Treasury an account, herein referred to as "the Fund."

3 FOOD CORPORATION (WINDING UP) ACT OF 1953 ss The Treasurer may designate the Fund by such name as he deems expedient to identify it. (2) There shall be paid into the Fund- (a) All moneys which, having been derived from carrying on the undertaking and business of The Queensland -British Food Corporation either by that corporation itself or by the Co-ordinator-General or which having been derived from the sale by the Co-ordinator-General of any property or assets of that corporation, are at the passing of this Act in any account in any Bank; and (b) All moneys derived by the Corporation established under this Act from carrying on the undertaking and business of The Queensland-British Food Corporation or from the sale or dealing, as prescribed by this Act, with any of the property or assets of that corporation. (3) There shall be paid out of the Fund- (a) Such liabilities and debts as having been duly incurred by The Queensland-British Food Corporation or the Co-ordinator General prior to the passing of this Act in respect of the maintenance, carrying on, management and control of the undertaking and business of The Queensland-British Food Corporation shall not have been discharged or paid before the passing of this Act; and (b) All expenditure incurred for any purpose of or connected with the maintenance, carrying on, management and control by the Corporation established under this Act of the undertaking and business of The Queensland-British Food Corporation including all costs, charges and expenses incurred in respect of its winding up. (4) Subject to subsection three of this section, the Treasurer may from time to time cause to be paid into the Consolidated Revenue Fund from the Fund moneys to the credit of the Fund which, in his opinion, are not required for the purposes specified in subsection three of this section. (5) Upon being satisfied that the undertaking and business of The Queensland-British Food Corporation has been completely wound up the Treasurer may close the Fund. Moneys, if any, to the credit of the Fund upon such closure shall be transferred to the Consolidated Revenue Fund. (6) All the provisions of "The Audit Acts, 1874 to 1951," relating to the issue and expenditure of public moneys and the authority for such issue and expenditure shall apply to the issue and expenditure of moneys standing to the credit of the Fund, and the Governor shall have the same authority with respect to such moneys and the expenditure thereof as he has with respect to moneys standing to the credit of the Consolidated Revenue Fund, and all the provisions of the said Acts relating to the audit of the Public Accounts, the duties of the Auditor-General with respect to the expenditure of public moneys and the duties and liabilities of Public Accountants, shall in like manner apply to moneys expended from the moneys standing to the credit of the Fund. Audit Acts to 1960, see title AUDIT.

4 436 AGRICULTURE Vol Validation of certain powers conferred upon the Co-ordinator-GeneraI. It is hereby declared- (a) That the Governor in Council had power to make under "The State Development and Public Works Organisation Acts, 1938 to 1951," the Order in Council published in the Gazette of the fourth day of April, one thousand nine hundred and fiftythree, at page eleven hundred and nineteen, authorising the Co-ordinator-General to maintain, carryon, manage and control the undertaking and business of The Queensland-British Food Corporation; and (b) That, by virtue of the aforesaid Order in Council, the Co-ordinator-General was always authorised to maintain, carry on, manage and control the undertaking and business of the said corporation during the period commenced on and including the fourth day of April, one thousand nine hundred and fiftythree, and ended on (but including) the day next preceding the date of the passing of this Act: Provided that on the passing of this Act the Co-ordinator General shall forthwith pay into the Fund all moneys which, having been derived from the carrying on by him of the undertaking and business of The Queensland-British Food Corporation, or from the sale of, or dealing howsoever with any of the property or assets of that corporation by him, are held by him at the passing of this Act and either in his possession or to the credit of an account in any Bank. State Development and Public Works Organisation Acts, 1938 to 1958, see title WORKS. 7. Establishment of corporation sole. (1) There is hereby established a corporation sale called "The Queensland Government Central Queensland Estates" (herein referred to as "The Corporation"). (2) The Corporation shall be deemed to have come into existence on the date of the passing of this Act. (3) The Corporation, by its aforesaid name, shall have perpetual succession and an official seal and, subject to and for the purposes of this Act, shall be capable in law of suing and being sued under its corporate name and of taking by agreement, purchasing, holding, alienating, conveying, surrendering to the Crown in right of this State, and otherwise dealing with real and personal, movable and immovable property within and outside the State of Queensland and of doing and suffering all such other acts and things as a corporation may by law do and suffer. (4) (a) The Governor in Council may from time to time appoint a person to constitute the Corporation. Notification of such an appointment shall be published in the Gazette and, unless otherwise specified in the notification of such an appointment so published, the appointment shall have effect as on and from the date of publication in the Gazette of the notification thereof. (b) During the period commenced on and including the date of the passing of this Act and thereafter to, but not including, the date of the publication in the Gazette of the first appointment made by the Governor

5 FOOD CORPORATION (WINDING UP) ACT OF 1953 ss in Council under paragraph (a) of this subsection, the person holding for the time being the office of Co-ordinator-General of Public Works shall, without further or other appointment, constitute the Corporation. (c) Any and every person appointed under or pursuant to the provisions of this subsection to constitute the Corporation shall hold that appointment at the pleasure of the Governor in Council. Every such appointment shall be deemed vacated by the next succeeding such an appointment as from the last moment of the day next preceding the day on which that next succeeding appointment takes effect. (5) No change, in pursuance of the provisions of subsection four of this section, in the constitution of the Corporation shall affect the continuity of its identity, or any of its rights or obligations, or render defective any legal proceedings by or against it, and any legal proceedings that might have been commenced or continued by or against the Corporation as constituted immediately prior to such a change may be commenced or continued by or against it as constituted thereafter. (6) Upon the completion of the winding up of the undertaking and business of The Queensland-British Food Corporation the Governor in Council may by Proclamation published in the Gazette dissolve the Corporation as on and from the date specified in the Proclamation. 8. Dissolution of The Queensland-British F'ood Corporation. The Queensland-British Food Corporation is hereby dissolved from the date of the passing of this Act. 9. Property of The Queensland-British Food Corporation vested in the Corporation. Upon the passing of this Act, all property real and personal, movable and immovable belonging to The Queensland-British Food Corporation or held by the Co-ordinator-General or any other person whomsoever on its behalf shall, as from the date of such passing and by virtue of this Act, vest in the Corporation, and the Corporation may bring or defend in its own name any action or other legal proceeding which relates to that property or which it is necessary to bring or defend for the purpose of effectually winding up the business and affairs of The Queensland British Food Corporation and recovering its property. 10. The Queensland-British Food Corporation to be wound up. Subject to this Act the Corporation shall, and is hereby authorised to, wind up the undertaking and business of The Queensland-British Food Corporation. Provision for carrying on pending winding up. Additionally, the Corporation is hereby authorised to maintain, carryon, manage and control the undertaking and business of The Queensland-British Food Corporation, or so much of that undertaking and business as shall for the time being not have been wound up by it, until that undertaking and business shall have been completely wound up.. but in exercising this additional authority the Corporation shall have regard to the provisions of this Act respecting the winding up of that undertaking and business and shall exercise this additional authority in the manner best calculated in its opinion to secure the beneficial winding up of that undertaking and business.

6 438 AGRICULTURE Vol Powers of the Minister. The exercise by the Corporation of the authorities and powers conferred upon it by this Act shall be subject to the control of the Minister who may at any time and from time to time give to the Corporation all such directions as he deems fit with respect to the exercise or proposed exercise by the Corporation of any such authority or power. The Corporation shall comply in every respect with any direction as aforesaid. 12. General powers of the Corporation. In and for the purpose of winding up the undertaking and business of The Queensland-British Food Corporation the Corporation shall have and may, without sanction other than as prescribed by this Act, exercise the powers conferred by subsections one and two of section two hundred and one of "The Companies Acts, 1931 to 1942," upon a liquidator in a winding up of a company by the Supreme Court. See now Companies Act of 1961, see title COMPANIES. 13. Certain lands of the Corporation to be surrendered to the Crown. (1) The Corporation is hereby authorised to surrender and, subject to this section, shall surrender to the Crown the following leasehold tenures, namely:- (a) The Perpetual Country Leases under "The Land Acts, 1910 to 1952," whereby the lands comprised in the properties known respectively as Wolfang, Retro, Peak Downs, Bramber Downs, Mayfield Downs, Cullin-Ia-ringo, MarmadilIa, and Inderi and partly the property known as Orion Downs were demised by the Governor in Council, in the name of the Crown, to The Queensland-British Food Corporation; and (b) The Special Lease under "The Land Acts, 1910 to 1952," whereby partly the land comprised in the property known as Orion Downs was demised by the Governor in Council, in the name of the Crown, to The Queensland-British Food Corporation. (2) The Corporation shall, in respect of the surrender to the Crown of the Perpetual Country Leases and Special Lease hereinbefore specified in this section, observe all such directions as may be given to it by the Minister but, subject to so doing, it may- (a) Postpone, as it deems best for securing the proper maintenance, carrying on, management and control of so much as is not wound up for the time being of the undertaking and business of The Queensland -British Food Corporation, the surrender of of any of those leases; (b) Surrender separately any such lease or surrender together any two or more of such leases; (c) Surrender at anyone and the same time any such lease so far as relates to part only of the land comprised therein and so on from time to time until it shall have wholly surrendered the lease it being hereby declared that, in respect of any such part surrender or surrenders, the lease in question shall be deemed

7 FOOD CORPORATION (WINDING UP) ACT OF 1953 ss to be cancelled so far as relates to so much of the land comprised therein as has been surrendered but shall be deemed to continue in force so far as relates to so much of the land comprised therein as has not been surrendered for the time being. 14. Surrendered lands to be classified and divided into portions. ( 1) The Land Administration Board shall- (a) Classify the lands comprised in the Perpetual Country Leases and Special Lease specified in section thirteen of this Act according to the potentialities of those lands for use for agriculture or for grazing; and (b) Having regard to the aforesaid classification thereof, divide those lands into portions with proper roads and reserves for public purposes. (2) The areas of the aforesaid portions shall not exceed:- (a) In the case of such a portion comprising any land classified as having potentialities for use for agriculture-six thousand acres notwithstanding that, in respect of Settlement Farm Leases, a lesser such area is prescribed under "The Land Acts, 1910 to 1952"; and (b) In the case of such a portion comprising only land classified as having potentialities for use for grazing-such area as the Land Administration Board deems to be a living area. (3) The lands to which this section applies may be classified and divided by the Land Administration Board in stages, and the Board and the Corporation may mutually agree as to which of those lands are to be so classified and divided at any particular tim~: and so on until all of those lands shall be so classified and divided. In making any such division the Land Administration Board shall make provision as it deems necessary for proper roads and reserves for public purposes. ( 4) (a) The Land Administration Board may, in respect of the free range piggery on the property known as Peak Downs, exclude from classification and division as prescribed by this section a portion of land not exceeding in area five thousand acres. (b) The Governor in Council may, under "The Land Acts, 1910 to 1952," issue special leases of such parts respectively as he shall deem fit of the portion of land specified in paragraph (a) of this subsection for the purpose of the use of the land comprised in such a lease as an open range piggery for such term not exceeding thirty years and upon such conditions as to rent and otherwise, and in particular for ensuring the use of the land comprised in the lease for the aforesaid purpose, as the Governor in Council thinks fit. Section 175B of "The Land Acts, 1910 to 1952," shall not apply with respect to a special lease issued pursuant to this subsection or any renewal thereof. (5) (a) The Land Administration Board may, in respect of the grain storage sheds situate respectively on the properties known as Retro, Peak Downs and Cullin-Ia-ringo exclude from classification and division as

8 440 AGRICULTURE Vol. 1 prescribed by this section, portions of land appurtenant to those sheds (including in each case the branch railway line appertaining to the sheds) of such area as may be approved by the Minister. (b) The Governor in Council may, under "The Land Acts, 1910 to 1952," issue special leases of the portions respectively of land specified in paragraph (a) of this subsection for such term not exceeding thirty years and upon such conditions relating to rent, the purpose for which the special lease is issued, and otherwise as the Governor in Council thinks fit. In respect of an application by a lessee for a non-competitive Perpetual Lease under "The Land Acts, 1910 to 1952," of the land comprised in any of those special leases, the grain storage sheds and branch railway line on that land shall be deemed for the purposes of section 175n of that Act to be improvements effected by the lessee. 15. Dealing with portions into which surrendered lands are divided (1) Upon the surrender to the Crown of the Perpetual Country Leases and Special Lease specified in section thirteen of this Act, or any of those leases, or of any part of the land comprised in any of those leases, and the division into portions as prescribed by this Act of the land comprised in such a surrender- (a) Every such portion which comprises any land classified as having potentialities for agriculture shall (and may notwithstanding any provision of "The Land Acts, 1910 to 1952") be declared open for closer settlement under, subject to and in accordance with the provisions of "The Land Acts, 1910 to 1952," as a Settlement Farm Lease by such of the members as shall be approved for settlement of the group of settlers specified in the notification declaring the land open for selection; (b) The Secretary for Public Lands shall, without notification, grant to the Corporation an occupation license under and within the meaning of "The Land Acts, 1910 to 1952," in respect of every such portion which comprises only land classified as having potentialities for use for grazing; and (c) The Corporation shall deal with every such occupation license as prescribed by section eighteen of this Act. (2) The Corporation shall be entitled to be paid the value of improvements under and within the meaning of "The Land Acts, 1910 to 1952," on any and every portion of land specified in paragraph (a) of subsection one of this section and the provisions of that lastmentioned Act shall apply and extend accordingly. 16. Croyden pastoral property. (1) The Corporation is hereby authorised to surrender and shall surrender to the Crown the Pastoral Development Lease under "The Land Acts, 1910 to 1952," whereby the land comprised in the property known as Croyden was demised by the Governor in Council, in the name of the Crown, to the Queensland-British Food Corporation.

9 FOOD CORPORATION (WINDING UP) ACT OF 1953 ss (2) Upon the surrender of that Pastoral Development Lease the Governor in Council shall and may in the name of Her Majesty (without compliance with the provisions of "The Land Acts, 1910 to 1952," relating to the opening of Crown land for pastoral lease or the leasing of Crown lands so opened, and notwithstanding that those provisions of the said lastmentioned Act are not capable of being complied with in the case by the Governor in Council, the Secretary for Public Lands, the Corporation or any other person concerned) demise the land comprised in the surrender exclusive of a portion thereof not exceeding five acres in area to the Corporation for a term of thirty years as a Pastoral Lease under "The Land Acts, 1910 to 1952." (3) The purchaser from the Corporation of the Pastoral Lease specified in subsection two of this section, and his successor and assigns, shall be entitled to take and hold that lease but he and they shall do so under, subject to and in accordance in every respect with the provisions applicable to and with respect to such a lease of "The Land Acts, 1910 to 1952," which provisions it is hereby declared shall apply and extend accordingly. (4) The Governor in Council may under "The Land Acts, 1910 to 1952," issue a special lease of the portion of land not exceeding five acres in area excluded from the demise specified in subsection two of this section for such term not exceeding thirty years and upon such conditions relating to rent, the purpose for which that special lease is issued, and otherwise as the Governor in Council thinks fit. 17. Leasehold lands at Bajool and Emerald. (1) The Corporation is hereby authorised to surrender and, subject to this section, shall surrender to the Crown the following leasehold tenures, namely:- (a) The Perpetual Country Lease under "The Land Acts, 1910 to 1952," whereby part, having an area of six hundred and seventy-nine acres, of the land comprised in the property at Bajool used by The Queensland-British Food Corporation for pig breeding and fattening was demised by the Governor in Council, in the name of the Crown, to that Corporation; and (b) The Perpetual Country Lease under "The Land Acts, 1910 to 1952," whereby land, having an area of one thousand nine hundred and six acres, at Emerald was demised by the Governor in Council, in the name of the Crown, to the Queensland-British Food Corporation. Subject to observing all such directions as may be given to it by the Minister in respect of the surrender thereof, the Corporation may so surrender such leases or either of them at such time as it deems best for securing the beneficial winding up of the undertaking and business of The Queensland-British Food Corporation. (2) Upon the surrender to the Crown of the Perpetual Country Lease specified in paragraph (a) of subsection one of this section, the Governor in Council shall and may, in the name of Her Majesty (without compliance with the provisions of "The Land Acts, 1910 to 1952," relating to the opening, applying for and selecting of Crown land as Perpetual Country Leases and notwithstanding that the provisions of the said lastmentioned Act are not capable of being complied with in the case by the

10 442 AGRICULTURE Vol. 1 Governor in Council, the Secretary for Public Lands, or the Corporation) demise the land comprised in the surrendered lease to the Corporation as a Perpetual Country Lease. If the Corporation subdivides the aforesaid land for the purposes of selling the property wherein the same is comprised, the power conferred upon the Governor in Council by this subsection shall include power to demise the subdivisions severally to the Corporation by separate Perpetual Country Leases. Such demise or, in the case of such demises of subdivisions severally, each such demise shall be subject to all such provisions and conditions (including provisions and conditions relating to rent) as are imposed by "The Land Acts, 1910 to 1952," in respect of Perpetual Country Leases and additionally, as being imposable in pursuance of that Act in respect of Perpetual Country Leases, are specified in the instrument of lease issued pursuant to the demise. (3) Upon the surrender to the Crown of the Perpetual Country Lease specified in paragraph (b) of subsection one of this section, the Governor in Council shall under "The Land Acts, 1910 to 1952," issue to the Corporation a Special Lease of the land comprised in that surrendered Perpetual Country Lease for a term of thirty years and upon such conditions.as to rent and otherwise as the Governor in Council thinks fit. 18. Sale of property of the Corporation. (1) The Corporation is hereby authorised to sell and convert into money all the property, real and personal, movable and immovable of The Queensland-British Food Corporation excepting the leasehold tenures required by this Act to be surrendered by it to the Crown. (2) The Corporation is hereby authorised to sell and convert into money- (a) Any and every occupation license under and within the meaning of "The Land Acts, 1910 to 1952," granted to it in pursuance of the provisions of section fifteen of this Act; (b) The Perpetual Country Lease under "The Land Acts, 19lO to 1952," issued to the Corporation in pursuance of the provisions of subsection two of section seventeen of this Act or, if two or more such leases are issued to it in pursuance of the said subsection two, those leases; (c) The Special Lease under "The Land Acts, 1910 to 1952," issued to the Corporation in pursuance of the provisions of subsection three of section seventeen of this Act; and (d) Any Special Lease under "The Land Acts, 1910 to 1952," issued in pursuance of the provisions of subsection four or subsection five of section fourteen of this Act. (3) The Corporation- (a) Shall not sell or offer for sale by private contract any of the occupation licenses specified in paragraph (a) of subsection two of this section or the Special Lease specified in paragraph

11 FOOD CORPORATION (WINDING UP) ACT OF 1953 ss (c) of subsection two of this section or, except as permitted by paragraph (b) or paragraph (c) of this subsection, any leasehold tenure held by the Corporation from the Crown unless it shall have first offered the same for sale by public auction; (b) May, without first offering for sale by public auction, sell by private contract any Perpetual Country Lease issued to it in pursuance of the provisions of subsection two of section seventeen of this Act or any Special Lease issued in pursuance of the provisions of subsection four or subsection five of section fourteen of this Act; (c) May, without first offering for sale by public auction, sell by private contract any freehold land the property of The Queensland-British Food Corporation, and the following leasehold tenures, namely Special Lease No , Special Lease No , and Perpetual Town Lease No.7 N.C.L.; (d) May fix a reserve price in respect of the sale by auction of any of the aforesaid lands; (e) May sell by private contract any of the aforesaid lands which, when offered for sale by public auction, are not sold; (f) May (subject, where so prescribed by this subsection, to offering for sale by auction before selling by private contract) sell as a going concern any undertaking or business which is being carried on by it on any of the aforesaid lands together with that land, all improvements thereon. and all stock and things comprised in that undertaking or business or used for carrying it on; and (g) Shall offer for sale and sell any and every occupation license specified in subsection two of this section subject to a right in the purchaser, his successors and assigns, to take and hold under "The Land Acts, 1910 to 1952," as a Grazing Farm the land comprised in the occupation license: Provided that the right hereinbefore specified in this paragraph (g) shall not be had by a purchaser who would not be competent to apply for and hold as a Grazing Farm the land comprised in such an occupation license if that land were opened for selection as a Grazing Selection. (4) The Corporation may, with the prior approval of the Minister, sell for removal any improvements upon land. Except with the permission of the Minister improvements upon land for sale for removal shall be offered for sale by public auction before the same are sold or offered for sale by private contract. 19. Grazing Farms. (1) Upon the sale by the Corporation of any and every occupation license under and within the meaning of "The Land Acts to 1952," issued to it in pursuance of this Act, and upon being satisfied that the purchaser is a person who would be competent to apply for and hold as a Grazing Farm the land comprised in the occupation license if that land were opened for selection as a Grazing Selection, the

12 444 AGRICULTURE Vol. 1 Governor in Council shall and may, in the name of Her Majesty (without compliance with the provisions of "The Land Acts, 1910 to 1952," relating to the opening, applying for and selecting of Crown land as Grazing Selections and notwithstanding that those provisions of the said lastmentioned Act are not capable of being complied with in the case by the Governor in Council, the Secretary for Public Lands, or the Corporation, or, except in respect of competency as aforesaid, by the purchaser, or by any other person concerned), demise, in the name of the Crown, the land comprised in the occupation license to the purchaser for a term of twentyeight years as a Grazing Farm under "The Land Acts, 1910 to 1952." Every such demise shall be subject to all such provisions and conditions (including provisions and conditions relating to rent) as are imposed by "The Land Acts, 1910 to 1952," and additionally, as being imposable in pursuance of that Act in respect of the demise thereunder of Crown land as a Grazing Selection, are specified in the instrument of lease of the land pursuant to the demise thereof as a Grazing Farm. (2) The purchaser from the Corporation of any occupation license hereinbefore mentioned in this section, his successors and assigns shall, notwithstanding any provision of "The Land Acts, 1910 to 1952," be entitled to take, hold and deal with the land comprised in that occupation license under "The Land Acts, 1910 to 1952," as a Grazing Farm but he and they shall so hold and deal with that land under, subject to and in accordance in every respect with the provisions applicable to and with respect to Grazing Farms of the said lastmentioned Act which provisions it is hereby declared shall apply and extend accordingly. 20. Grain storage sheds. If, having regard to the value of the grain storage sheds situate respectively on the properties known as Retro, Peak Downs and Cullin-Ia-ringo, the Corporation fails to make satisfactory arrangements for the sale either in situ or for removal of those sheds or any of them, the Governor in Council may by order in Council vest in the Land Administration Board the care, custody and control thereof. During the continuance in force of such an Order in Council the grain storage sheds specified therein shall be deemed to be the property of the Land Administration Board which, with the prior approval of the Governor in Council,- (a) May let for valuable consideration storage space therein; and (b) Deal therewith in any manner in which the same are authorised by this Act to be dealt with by the Corporation. 21. Bajool piggery. The Corporation may, for the purposes of the sale thereof, subdivide the land comprised in the property at Bajool used by The Queensland-British Food Corporation for pig breeding and fattening and, if it does so, may sell separately any and every subdivision thereof. 22. Assurances of title to purchasers by Corporation. The Corporation, may with a view to transfe~rin& the estate or interest held by the Queensland-British Food CorporatlOn ill any land- (a) In the case of freehold land, execute a memorandum of transfer under and within the meaning of "The Real Property Acts, 1861 to 1952";

13 FOOD CORPORATION (WINDING UP) ACT OF 1953 ss (b) In the case of land held from the Crown for an estate of leasehold or under an occupation license, execute in the appropriate form any instrument necessary to transfer that estate or license, and the Registrar of Titles or, where the land is held from the Crown for an estate of leasehold or under an occupation license, the authority charged with registering instruments of title to the estate of leasehold or of transfer of the license in question, shall, without authority other than this Act, but subject to the instrument in question being correct for registration and to the transferee named therein being lawfully entitled to take and hold the estate in land or license thereby transferred, register the same. Real Property Acts to 1960, see title REAL PROPERTY.