473
In forceCovenant for a new term lease
Chapter 8Continued rights and tenures
Part 4Term leases
Division 1Pastoral, preferential pastoral, pastoral development, and stud holdings
473 Covenant for a new term lease
An existing covenant in a pastoral lease, under the repealed Act, part 6, division 2, for a new lease at the expiry of the existing lease is taken to be a covenant to offer a new term lease for pastoral purposes, of a maximum of a living area, on the conditions that could be imposed on a term lease under this Act.
This Act’s bill:Explanatory memorandum
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