119A—Standard terms and conditions of lease
(1) A person may
deposit with the Registrar-General for filing in the Lands Titles Registration
Office a document containing terms and conditions for incorporation as
standard terms and conditions in leases under this section.
(2) A lease may
provide that standard terms and conditions, as contained in a document
deposited with the Registrar-General under subsection (1)—
(a) are
incorporated in the lease; or
(b) are
incorporated in the lease subject to exclusions or amendments specified in the
lease,
and, in that event, the lease has effect as if those terms and conditions were
(subject to any exclusions or amendment specified in the lease) contained in
the lease.
(3) Where a lease
makes provision for incorporation of standard terms and conditions (either
with or without exclusions or amendments), the lessor must, before execution
of the lease by the lessee, provide the lessee with a copy of the standard
terms and conditions.
Maximum penalty: $500.
(4) Non-compliance
with subsection (3) does not affect the validity or effect of a lease.