Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Where an agreement is entered into by an acquiring authority with a State, the Northern Territory or the Administration of an external Territory for the acquisition of an interest in Crown land, an instrument or assurance executed by the Governor of that State or the Administrator of that Territory for the purpose of carrying out the agreement is, by force of this section, and notwithstanding anything in the law of the State or Territory, valid and effectual to vest the interest in the acquiring authority according to the tenor of the instrument or assurance.
(2) Where Crown land is land that, under the law of a State or the Northern Territory, has been granted, dedicated or reserved for a public purpose of the State or of the Northern Territory, an instrument or assurance referred to in subsection (1) operates, by force of this section, to vest the interest in the acquiring authority freed from any trusts, restrictions or obligations arising out of that grant, dedication or reservation.