Metropolitan lessees may obtain grant of land
151AA Metropolitan lessees may obtain grant of land
S. 151AA inserted by No. 10011 s. 14.
S. 151AA(1) amended by No. 90/1989 s. 9(b).
Notwithstanding anything to the contrary in this Act, where a lease (which is not for amusement or recreational purposes) of any Crown land has been granted under a provision of subdivision 1 or under any corresponding previous enactment, the Minister may enter into a contract for the sale of that land to the person who was the lessee of that land at a purchase price and upon the terms and conditions (including terms and conditions as to interest charges) determined by the Minister.
A purchaser under a contract entered into under subsection (1) may with the written consent of the Minister assign his interest under the contract to another person.
Upon payment in full of the purchase price the Governor in Council shall grant in fee simple the land the subject of the contract to the purchaser under the contract or his assignee.
A Crown grant made under this section shall contain the covenants, conditions, exceptions and reservations determined by the Governor in Council.
Before any contract under subsection (1) is entered into, the lessee of the land which is to be the subject of the contract shall transfer and surrender any leases held by him over the land to the Crown.
S. 151AA(6) amended by No. 45/1987 s. 205(Sch. item 39), repealed by No. 90/1989 s. 9(c).
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