209
In forcePerformance security condition
Chapter 5Matters affecting land holdings
Part 2Conditions
Division 2Imposed conditions
209 Performance security condition
(1)
A lease, licence and permit may include a condition that the lessee, licensee or permittee give performance security for failure to comply with conditions under the lease, licence or permit.
(2)
The Minister may approve a change of the amount of the performance security during the term of the lease, licence or permit.
This Act’s bill:Explanatory memorandum
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