Power to grant leases for up to 35 years
69AAC Power to grant leases for up to 35 years
Subject to the written approval of the Minister, the committee of management or trustees of a hospital site may grant a lease of that site or any part of that site.
The Minister must not approve the grant of a lease under subsection (1) unless the Minister is satisfied that—
the purpose for which the lease is to be granted is not inconsistent with, or detrimental to, the purposes for which the land is reserved; and
any proposed use, development, improvements or works under the lease are of a substantial nature and of a value which justifies a longer term lease; and
the granting of a longer term lease is in the public interest.
A lease granted under this section may be for a term not exceeding 35 years.
A lease granted under this section—
may contain options for the lessee to renew the lease for a further term or terms, but the aggregate of the original term and the further term or terms must not exceed 35 years; and
may contain provision for a lessee to remain in occupation of the land under the same terms and conditions as existed under the lease, at the discretion of the lessor, for a period of not more than 3 months from the expiry of the lease; and
is subject to any covenants, exceptions, reservations and conditions that are determined by the committee of management or trustees of the hospital site and approved in writing by the Minister.
S. 69AAD inserted by No. 22/2014 s. 6.
This Act’s bill:Second reading speech
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