s 60
In forceAgreement or arrangement for 1985 Land Holding Act, s 15
Part 7Ownership of structural improvements
60 Agreement or arrangement for 1985 Land Holding Act, s 15
(1)
This section applies if, immediately before the commencement of the section, an agreement or arrangement for the purposes of the 1985 Land Holding Act, section 15(1) existed for the purchase of an improvement.
(2)
For subsection (1), it does not matter—
(a)
whether the price and the terms and conditions of the purchase were approved by the Governor in Council under the 1985 Land Holding Act, section 15(1); or
(b)
whether the improvement is located on lease land for a 1985 Act granted lease or on lease entitlement land.
(3)
The agreement or arrangement continues in force.
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