137   Surrender of land

(1)  The holder of any land or of any lease from the Crown under this Act or the Crown Lands (Continued Tenures) Act 1989 may, with the consent of the Minister, surrender the whole or a part of the land or lease to the Crown.

(2)  A surrender does not operate to extinguish any debt to the Crown relating to the land or lease surrendered, except to the extent to which the Minister directs.

(3)  On surrender, the land or the land leased (to the extent to which it is not Crown land) becomes Crown land.

(4)  With the agreement of the lessee, the Minister may adjust the rent of a lease on surrender of part of the land leased.