Barrister AI
All legislation
NTAct
In force
This is the latest official compilation.Check the official source →
s 27

General conditions of leases

In force
Part 3Estates in fee simple and leases
Division 3Leases

27 General conditions of leases

Subject to section 28, leases under this Act (other than leases under section 5) shall contain reservations, conditions and provisions as follows:

(a)

a reservation of a right of entry and inspection;

(b) a reservation of all minerals, mineral substances and ores in or on the land, including gems, stones, sands, valuable earths and fossil fuels;

(c)

a reservation of a power of resumption;

(d)

a covenant to pay the rent annually in advance;

(e) a covenant by the lessee that the lessee will, subject to this Act, use the land only for the purposes for which it is leased;

(f) a provision that the lessee, having paid all rent due by the lessee at any time, in the manner prescribed, surrender the lease;

(g) a provision that the lease shall be liable to forfeiture if the rent is unpaid for 6 months or more;

(h) a provision that the lease shall, subject to this Act, be liable to forfeiture for non-compliance on the part of the lessee with a condition of the lease; and

(j) any other reservations, conditions and provisions which are prescribed, or which are considered by the Minister to be necessary under the circumstances.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.