36
In forceRequirement to purchase
Part VSettlement
36 Requirement to purchase
Where, at the expiration of the term of a settlement lease, the lessee has failed to exercise the right to purchase the holding under that lease pursuant to section 35, TDR may require the lessee to purchase that holding.
Where, pursuant to subsection (1), TDR requires a lessee to purchase a holding under a settlement lease, it shall, by notice in writing, inform the lessee accordingly and the lessee is deemed to have exercised his right of purchase in accordance with section 35.
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