121
In forceGrant of lease by lessee of townsite lease
Part 10Leasing of Aboriginal land
Division 2Grant of leases for Aboriginal land
121 Grant of lease by lessee of townsite lease
(1)
The lessee of a townsite lease may grant a lease for not more than 99 years over all or a part of the lease land.
(2)
Without limiting subsection (1), the lessee of a townsite lease may grant a lease (also a home ownership lease) over all or a part of the lease land for 99 years to any of the following for residential use—
(a)
an Aboriginal person;
(b)
a person who is not an Aboriginal person if—
(i)
the person is the spouse or former spouse of—
(A)
a person mentioned in paragraph (a); or
(B)
a person mentioned in paragraph (a) who is deceased; or
(ii)
the lease supports another part 10 lease granted to the person.
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