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LAND ACT 1994 - SECT 176L
General provisions for deciding application
176L General provisions for deciding application
(1) The chief executive must decide whether to approve the proposed
amalgamation.
(2) If the chief executive decides to grant the approval, the
chief executive must decide an offer (the
"amalgamation offer" ) of an amalgamated lease to the applicant for the lease
land of the existing leases.
(3) However, if the proposed amalgamation is an
amalgamation of a term lease and a perpetual lease, the amalgamation offer
must be for a perpetual lease.
(4) The amalgamation offer must state the term
and the imposed conditions of the amalgamated lease.
(5) The
amalgamation offer may be made subject to conditions. Example— a condition
that a plan of survey for the proposed amalgamation, approved by the chief
executive and capable of registration, be lodged
(6) The term of the
amalgamated lease may be longer than the unexpired term of all or any of the
existing leases.
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