PHILLIP STREET, SYDNEY, LAND LEASE ACT. Act No. 47, 1952.

An Act to enable the Minister for Public Works to lease certain land in Phillip Street, Sydney, to a certain company formed by members of the New South Wales Bar Association or to the nominees of such Association; for this purpose to amend the Public Trustee Act, 1913-1942, and the Public Works Act, 1912, as amended by subsequent Acts; and for purposes connected therewith. [Assented to, 28th November, 1952.]
it enacted by the Queen's Most Excellent Majesty, B E by and with the advice and consent of the Legis lative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows:-- 1. This Act may be cited as the "Phillip Street, Sydney, Land Lease Act, 1952." 2. In this Act, unless the context otherwise requires-- " B a r r i s t e r " means a barrister of the Supreme Court of New South Wales in active practice. " C o m p a n y " means the company which at the time of the grant of a lease under section three of this Act has been formed under the Companies Act, 1936, as amended by subsequent Acts, by members of the New South Wales Bar Associa tion for purposes including the following, that is to say, the erection of a building to provide accommodation and amenities for barristers in the practice of their profession and courts and offices for the use of the Crown. 3.

3 . (1) The Minister for Public Works may for and on behalf of H e r Majesty grant a lease of the land described in the Schedule to this Act to the company or to the nominees of the New South Wales Bar Association as trustees for the company. Such lease may be granted subject to the provisions of subsection two of this section and notwithstanding any trusts, conditions or dedications affecting the said land immediately before the commencement of this Act or anything contained in any Act. (2) Such lease shall-- (a) be for a term of ninety-nine years commencing not later than the first day of January, one thousand nine hundred and fifty-four; (b) contain terms and covenants-- (i) requiring the company to proceed expeditiously to erect on the said land a building to provide accommodation and amenities for barristers in the practice of their profession and courts and offices for the use of the Crown and such other accommodation as the Minister for Public Works may approve; (ii) providing that not less than nine floors in the building shall be available for the accommodation of and provision of amenities for barristers as aforesaid and the use of the New South Wales Bar Association; (iii) providing that, upon the building being ready for occupation, not less than one floor shall at the option of the AttorneyGeneral be made available to the Attorney-General on lease for such term as the Attorney-General may require for the purpose of providing office accommodation for officers of the Department of the Attorney-General and of Justice; (iv)

(iv) providing that the building to be erected shall contain proper accommo dation on one floor for two courts of justice, for judges to preside over such courts and for necessary incidental offices, and that such accommodation shall be leased to the Attorney-General; (c) contain such other terms and covenants as the Minister for Public Works deems fit. Any lease entered into pursuant to subparagraphs (iii) and (iv) of paragraph (b) of this subsection shall contain all usual terms and covenants and such other terms and covenants as may be agreed upon between the AttorneyGeneral and the company and shall provide for the payment by the Attorney-General of such rental as may be agreed upon between the Attorney-General and the company.

SCHEDULE. All that piece or parcel parish of St. James and comprised in Certificate of described in deed registered of land situate in the City of Sydney, county of Cumberland, being the land Title volume 2047 folio 62 and the land Book 1403 No. 872:

Commencing on the eastern side of Phillip-street at the north western corner of the land comprised in Real Property Application 3503; and bounded thence on the west by that side of that street northerly to the south-western corner of the land comprised in Real Property Application 1329; on the north by the southern boundary of that land easterly to the western boundary of the land comprised in Real Property Application 22103; on the east by part of that boundary and the western boundary of the land comprised in Peal Property Application 16255 southerly; again on the east by part of the western boundary of allotment 1, section 41, City of Sydney, southerly to the north-eastern corner of the land comprised in the said Real Property Application 3503; and on the south by the northern boundary of that land easterly to the point of commence ment,--and having an area of 311 perches or thereabouts.

BURSARIES