Farm lease, cancellation of
30 Farm lease, cancellation of
If a person who holds a farm lease ceases to hold —
a hatchery licence; or
a pearling licence authorising the holder to carry out pearl culture techniques,
the farm lease is cancelled by virtue of this section.
If the CEO is satisfied that the holder of a farm lease is not using the pearl oyster farm specified in the farm lease in the better interests of the pearling industry, then the CEO may cancel the farm lease.
Where the CEO cancels a farm lease under subsection (2), the CEO shall, in writing, inform the holder of the farm lease of that cancellation, the date from which that cancellation shall take effect and the reasons for that cancellation.
[Section 30 amended: No. 28 of 2006 s. 241.]
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