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s 59

Ownership of improvements continues

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Part 7Ownership of structural improvements

59 Ownership of improvements continues

(1)

This section applies to a structural improvement that is located on land that—

(a)

on the commencement of the section, is lease land for a 1985 Act granted lease; or

(b)

immediately before the commencement of the section, was the subject of an approval, under the 1985 Land Holding Act, capable of forming the basis of a lease entitlement.

(2)

The ownership of the improvement is not affected by the repeal of the 1985 Land Holding Act or the commencement of this Act.

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