Deed of Licence TEN 0270 - Lot 17 on SP239726 Wallum Lane Noosa-3

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                        Area, at or after the Commencement Date, and the construction, operation and maintenance
                        of such infrastructure, facilities and improvements.

               1.2      Interpretation
                        Headings are for convenience only and do not affect interpretation. The following rules of
                        interpretation apply unless the context requires otherwise.
                        (a)     The singular includes the plural and conversely.
                        (b)     A gender includes all genders.
                        (c)     Where a word or phrase is defined, its other grammatical forms have a
                                corresponding meaning.
                        (d)     A reference to a person includes a body corporate, an unincorporated body or other
                                entity and conversely.
                        (e)     A reference to a clause, annexure or schedule is to a clause of, or annexure or
                                schedule to this Deed.
                        (f)     A reference to any party to this Deed or any other agreement or document includes
                                the party's successors and permitted assigns.
                        (g)     A reference to any agreement or document is to that agreement or document as
                                amended, novated, supplemented, varied or replaced from time to time, except to
                                the extent prohibited by this Deed or that other agreement or document.
                        (h)     A reference to any legislation or to any provision of any legislation includes any
                                modification or re-enactment of it, any legislative provision substituted for it and all
                                regulations and statutory instruments issued under it.
                        (i)     No rule of construction applies to the disadvantage of one party on the basis that it
                                put forward this Deed or any part of it.
                        (j)     If any of the provisions of this Deed are judged invalid, unlawful or unenforceable for
                                any reason, the invalidity, unenforceability or illegality will not affect the operation
                                and construction or interpretation of any other provision of this Deed, with the intent
                                that the invalid, unlawful or unenforceable provision will be treated as severed from
                                this Deed.
                        (k)     A reference to dollars or $ is to Australian currency.
                        (l)     A reference to a right or obligation of any 2 or more persons confers that right, or
                                imposes that obligation, as the case may be, jointly and severally.
                        (m)     Each Schedule and each certificate and document delivered under this Deed forms
                                part of the Deed.
                        (n)     A reference to conduct includes any omission and any statement or undertaking,
                                whether or not in writing.
                        (o)     A reference to writing includes a facsimile transmission and any means of
                                reproducing words in a tangible and permanently visible form.
                        (p)     Mentioning anything after include, includes or including does not limit what else
                                might be included.
                        (q)     All references to time are to Queensland/Brisbane time.