Lease granted to generation company
137AE Lease granted to generation company
S. 137AE inserted by No. 48/1996 s. 22.
S. 137AE(1) amended by No. 69/2000 s. 55(1).
Section 134A(2)(a) does not apply in respect of a lease of a stratum of Crown land if the lease is granted to a generation company within the meaning of the Electricity Industry Act 2000 and is in respect of land used for the purposes of the generation of electricity for supply or sale.
S. 137AE(2) amended by No. 69/2000 s. 55(1).
Section 137 does not apply to a lease of Crown land if the lease is granted to a generation company within the meaning of the Electricity Industry Act 2000 and is in respect of land used for the purposes of the generation of electricity for supply or sale.
S. 137AE(3) amended by No. 69/2000 s. 55(1).
A lease granted to a generation company within the meaning of the Electricity Industry Act 2000 in respect of land used for the purposes of the generation of electricity for supply or sale does not bring the land under the operation of the Transfer of Land Act 1958, despite anything to the contrary in that Act, if that lease includes a provision referring to this section and expressly stating that the land is not brought under the operation of that Act.
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