Application of Part
19 Application of Part
This Part applies to incomplete irrigation lease purchases (but not to pending irrigation lease purchases).
Note.
See also Part 2 of this Schedule. In particular, clause 3 provides that (subject to this Schedule) any rent, royalty, deposit, fee, purchase price, instalment, interest or other amount payable for a continued irrigation tenure remains payable in the same way and the same amounts subject to any variations made by or under this Act.
A continued incomplete irrigation lease purchase is a purchase of land that was formerly under a lease granted under a repealed irrigation Act if the payment of the purchase price or any other amount due in respect of the purchase was not complete immediately before the Act’s repeal.
This Act’s bill:Explanatory memorandumSecond reading speech
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