AustLII Tasmanian Consolidated Acts

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MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 92

Term of sublease

(1)  A sublease ceases to be in force no later than the date the lease under which it is given ceases to be in force or is revoked or terminated.
(2)  If the lease is revoked or terminated for any reason not due to the default of the holder of the sublease, the Minister, on the application of the holder, may grant the holder a lease under this Part.
(3)  The term of a lease granted under subsection (2) is from the date on which the sublease was approved until –
(a) the end of the period determined under section 85 ; or
(b) any shorter period the Minister determines.


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