308
CurrentProvision for existing leases
Part 25Transitional provisions
Division 5Transitional provisions for Aboriginal and Torres Strait Islander Land (Providing Freehold) and Other Legislation Amendment Act 2014
308 Provision for existing leases
(1)
This section applies to a lease under the pre-amended Act in effect immediately before the commencement.
(2)
A standard lease under the pre-amended Act is taken to be a part 10 lease for the same term for which the standard lease was granted.
(3)
A townsite lease under the pre-amended Act is taken to be a townsite lease.
(4)
A lease for private residential purposes under the pre-amended Act is taken to be a home ownership lease for the same term for which the lease for private residential purposes was granted.
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