Effect of preservation on certain leases, subleases and licences
14 Effect of preservation on certain leases, subleases and licences
A lease or licence that is a preserved limitation or a preserved right is to be taken to be a lease or a licence, respectively, granted under the Crown Lands Act 1976 in accordance with section 21(1)(c).
A sublease that is a preserved limitation or a preserved right is to be taken to be a lease granted under the Crown Lands Act 1976 in accordance with section 21(1)(c).
On and from the day on which a licence becomes a preserved limitation or a preserved right, in relation to land within a corridor – the responsible manager in relation to the corridor – is to monitor operations under the licence; and may direct the licence holder in relation to operations under the licence; and is to inform the Minister of a significant failure to comply with the terms and conditions of the licence or a failure by the holder of the licence to comply with a direction under subparagraph (ii); and any money payable by the licence holder under the licence is to be paid to the responsible manager; and any money paid in accordance with paragraph (b) is to be taken for the purposes of this Act to be a fee paid to the responsible manager.
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