When long‑stay tenant is entitled to compensation as a result of termination of agreement
46 When long‑stay tenant is entitled to compensation as a result of termination of agreement
The park operator must pay compensation to a long‑stay tenant under a fixed term long‑stay agreement for loss incurred as a result of the termination of the long‑stay agreement —
under section 41 (termination if vacant possession required on sale of park); or
[(b) deleted]
under section 45 (termination if agreement frustrated); or
under an order under section 73 (termination on grounds of hardship).
The amount payable is the amount agreed between the long‑stay tenant and the park operator or, if the parties cannot agree, the amount determined by the State Administrative Tribunal on an application under section 65.
[Section 46 amended: No. 28 of 2020 s. 46.]
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