Divesting not to affect lease to Citipower
23 Divesting not to affect lease to Citipower
Nothing in this Part—
affects the status or continuity of any lease relating to the Arts Centre land or any part (including a stratum) of that land between the Trust and Citipower Pty (ACN 064 651 056) existing immediately before the commencement of this Part; or
prevents the entry into a new lease for a further term in accordance with the lease referred to in paragraph (a); or
is to be regarded as placing any person in breach of, or as constituting a default under, any provision of the lease referred to in paragraph (a), including any provision regulating the termination of the lease.
In this section, lease includes an interest in the nature of a lease.
S. 24 inserted by No. 34/2000 s. 19.
This Act’s bill:Second reading speech
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