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s 26

Territory rent for unit leases—unit title proposals approved before 1 October 1975

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Part 3Unit title applications
Division 3.2Endorsement of units plan for registration

26 Territory rent for unit leases—unit title proposals approved before 1 October 1975

If proposals for the subdivision of a parcel of land were approved under the Unit Titles Act 1970 before 1 October 1975 (whether conditionally or otherwise), the rent reserved under the lease of any unit provided for by the proposals is 5 cents per year payable if and when demanded.

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