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Abt Railway up for sale

<p>Tasmanian tourist operation Abt Railway could be sold before it is even finished, it was revealed last week.</p> <p>Operator Roger Smith is in advanced negotiations to sell the lease. </p> <p>The potential buyer is believed to be casino hotel owner Federal Group.</p> <p>However, the sale can not be completed until after the state election as it needs government approval.</p> <p>Premier Jim Bacon said: &#8220Under the caretaker conventions, we are unable to give that agreement now and it will be up to the next government to make the final decision.&#8221</p> <p>The government has been assured all government loans will be repaid in full if the sale goes ahead.</p> <br />