Land Administration Regulations 1998

The circumstances and conditions prescribed for the purposes of section 18(7)(b) of the Act in relation to a transaction being the grant of a lease, sublease, licence or sublicence in respect of part of the land within Reserve 38665 are that —

Reserve 38665 is subject to a management order at the time the grant takes effect; and

the grant is in respect of residential premises under a retirement village scheme as defined in the Retirement Villages Act 1992 section 3(1); and

the management body for Reserve 38665 is a local government at the time the grant takes effect; and

in the case of the grant of a sublease, licence or sublicence, the management body for Reserve 38665 has consented to the grant; and

in the case of the grant of a lease or licence, the term of the lease or licence (including the further term that would apply if any applicable option to renew were exercised) is not longer than the term permitted under the management order for Reserve 38665 subsisting at the time the lease or licence takes effect.

The circumstances and conditions prescribed for the purposes of section 18(7)(b) of the Act in relation to a transaction being the assignment, sale, transfer or other dealing with or disposal of a lease, sublease, licence or sublicence mentioned in subregulation (1), or the mortgage of a lease mentioned in subregulation (1) are that —

Reserve 38665 is subject to a management order at the time the transaction takes effect; and

the transaction is in respect of residential premises under a retirement village scheme as defined in the Retirement Villages Act 1992 section 3(1); and

the management body for Reserve 38665 is a local government at the time the transaction takes effect.