s 39
In forceMinister may make deferred grant of lease
Part 5Grants of leases to satisfy lease entitlements
Division 4Granting lease to satisfy lease entitlement if obstacles to grant
Subdivision 1Deferred grants generally
39 Minister may make deferred grant of lease
(1)
The Minister may under this division make a grant (a deferred grant) of a lease in a trust area to satisfy a lease entitlement included in a lease entitlement notice currently in force if, because of practical obstacles stated in a statement of reasons (obstacles), the Minister can not make a grant under section 35 to satisfy the lease entitlement.
(2)
The granting of the lease satisfies the lease entitlement and the lease entitlement notice ceases to be a lease entitlement notice currently in force.
(3)
Other provisions of this division state requirements for making a deferred grant.
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