Victorian Numbered Acts

ROAD LEGISLATION MISCELLANEOUS AMENDMENTS ACT 2010 (NO. 75 OF 2010) - SECT 9

    (1)     After section 93G(1A) of the Melbourne City Link Act 1995 insert —

    "(1B)     The Governor in Council, on behalf of the Crown, subject to and in accordance with the terms of the Extension Agreement and on the recommendation of the Minister, may ratify or give effect to the partial surrender by the lessee of a lease granted under subsection (1), if the lessee has the consent of any mortgagee and the holder of any charge over the lease.".

    (2)     After section 93G(2) of the Melbourne City Link Act 1995 insert —

    "(3)     Despite the partial surrender of a lease ratified or given effect to under subsection (1B)—

        (a)     any declaration under section 93H(1); and

        (b)     any toll zone specified under section 71(1)—

made or specified in relation to leased land continues in operation in relation to any part of the leased land that is not surrendered.

    (3A)     For the avoidance of doubt, the partial surrender of a lease ratified or given effect to under subsection (1B) does not constitute the surrender in full of that lease and does not affect the operation of the lease in relation to any part of the leased land that is not surrendered.".