8
In forceDeclaration of exempt lease
Part 2Exempt leases
8 Declaration of exempt lease
(1)
The Minister may, by written instrument, declare a railway lease to be an exempt lease.
(2)
As soon as practicable after making the instrument, the Minister must give a copy of it to the railway lessee.
(3)
Within 21 days after making the instrument, the Minister must publish a gazette notice setting out the declaration contained in the instrument.
(4)
Failure to comply with subsection (2) or (3) does not affect the validity of the instrument.
This Act’s bill:Explanatory memorandumSecond reading speech
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