Other lease under the repealed Act, s 24
134 Other lease under the repealed Act, s 24
This section applies to a lease, other than a freeholding lease, granted under the repealed Act, section 24, that was in force immediately before the commencement day.
That section (as amended, renumbered as section 113 and relocated under schedule 1) continues to apply to the lease while the lease is in force.
The lease is taken to be a perpetual lease for residential purposes under the Land Act 1994.
However, the Land Act 1994, chapter 4, part 3, division 3, does not apply for converting the lease to freehold land.
The Housing (Freeholding of Land) Act 1957, part 2, applies for converting the lease to freehold land.
For subsection (3), a reference in the Land Act 1994 to the Minister is taken to be a reference to the Minister administering this Act.
This Act’s bill:Explanatory memorandum
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