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s 28

Fixing of rent

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

28 Fixing of rent

(1)

The Minister may determine that rent is not payable in respect of a lease.

(2)

Subject to this Act the Minister shall, before any land is offered for leasing, unless rent is not payable in respect of the lease, fix the rent payable in respect of the first period of the lease.

(3)

Where rent is payable in respect of a lease, the rent is subject to re‑appraisement in accordance with this Act.

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