Grant of lease by trustee of Torres Strait Islander land

Current

(1)

The trustee of Torres Strait Islander land may grant a lease over all or a part of the land for not more than 99 years.

(2)

Without limiting subsection (1), the trustee of Torres Strait Islander land may grant a lease (a home ownership lease) over all or a part of the land for 99 years to any of the following for residential use—

(a)

a Torres Strait Islander;

(b)

a person who is not a Torres Strait Islander if—

(i)

the person is the spouse or former spouse of—

(A)

a person mentioned in paragraph (a); or

(B)

a person mentioned in paragraph (a) who is deceased; or

(ii)

the lease supports another part 8 lease granted to the person.

(3)

The trustee of Torres Strait Islander land may grant a perpetual lease (a townsite lease) over all or a part of the land if—

(a)

the land or part is township land; and

(b)

the lease is granted to a local government.

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85 Grant of lease by trustee of Torres Strait Islander land