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LAND ACT 1994 - SECT 157
Expiry of lease
157 Expiry of lease
(1) A lessee’s right to possession of lease land ends on the day the lease
expires, but does not end if the lease is renewed before it expires or its
term is extended.
(2) Subject to subdivision 1AA and chapter 5 , part 5 and
the conditions of a lease, the improvements on the lease become the property
of the State when the lease expires. Note— Chapter 5 , part 5 is about
payments that may be made to outgoing lessees for improvements on a lease.
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