434B
In forceAvailability of short-term extension in particular circumstances
Chapter 7General
Part 4Miscellaneous
434B Availability of short-term extension in particular circumstances
(1)
This section applies if a term lease is the subject of an offer or application under this Act for renewal, extension, conversion, subdivision or amalgamation.
(2)
If it appears the term lease will expire before the offer or application is fully dealt with, the Minister may extend the term of the lease, for periods of no longer than 2 years, until the offer or application is fully dealt with.
(3)
A lease may be extended under subsection (2) for 2 or more periods having regard to the same circumstances or different circumstances each time it is extended.
This Act’s bill:Explanatory memorandum
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