Reduction of rent and relief from provisions of lease
316 Reduction of rent and relief from provisions of lease
The territory planning authority may approve—
a reduction of the rent payable under a lease, or of an amount payable, in relation to any occupation of land; or
the grant of relief, to a lessee or occupier of land, from compliance, completely or partly, with any provision to which the person’s lease or occupation is subject.
The reduction or grant of relief may be for a maximum period of 3 years, and may include a period before the approval.
If the territory planning authority gives an approval under subsection (1), the liability or obligation of the lessee or occupier under the lease, or in relation to the person’s occupation, is discharged for the period approved, to the extent of the reduction or grant of relief approved.
An approval under subsection (1) may be conditional.
If the territory planning authority approves a grant of relief to a lessee or occupier under subsection (1), the authority must give the lessee or occupier written notice of the reduction of rent or amount payable or other grant of relief approved.
Part 10.7 Lease variations
Division 10.7.1 Lease variations—general
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