Allocation of holdings
27 Allocation of holdings
Subject to this section, as holdings become available for occupation TDR shall offer them each to a registered applicant for settlement, other than one who has applied for settlement in a different area, on a development lease in accordance with section 28.
Where the number of applicants to whom the available holdings may be offered exceeds the number of those holdings, the offering of the holdings among the applicants shall, in default of agreement between the applicants, be by ballot at such time, in such manner, and subject to such conditions, as may be prescribed.
TDR may, in lieu of offering a development lease as provided in subsection (1), offer a settlement lease as provided in section 29.
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