Committee of Management may grant leases of certain land
2 Committee of Management may grant leases of certain land
Notwithstanding anything to the contrary in any Act, the persons who are for the time being the committee of management pursuant to section 221 of the Land Act 1958 of the land delineated and shown hatched on the plan in the Schedule may from time to time grant leases of the whole or any part of the land delineated and shown hatched on the plan in the Schedule for the purpose of sport or recreation or social activities connected therewith including the erection of buildings.
A lease granted under sub-section (1)-
shall be subject to such covenants conditions exceptions and reservations as the committee of management thinks fit;
shall be for a term not exceeding 21 years; and
shall be subject to approval by the Governor in Council.
The moneys received by way of rent under a lease granted under sub-section (1) shall be applied towards the maintenance and improvement of any part of the land in the Parish of Bunguluke permanently reserved by Order in Council dated the 17th day of January, 1928 as a site for public recreation and not leased under this section, or for any other purpose approved by the Minister.
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