(1) The CEO may grant
a lease of land within State forest or a timber reserve for a term not
exceeding 99 years on such terms and conditions as the CEO thinks fit.
(2A) The CEO cannot
grant a lease under subsection (1) of any section 8A land.
[(2) deleted]
(3) A lease granted
under this section shall be laid before each House of Parliament within 14
sitting days of its execution by all parties to the grant or renewal.
(4) No compensation
shall be payable to a lessee under a forest lease, on the expiration of the
lease, for any improvements to the land comprised in the lease; but the lessee
shall be entitled, at any time before the expiration of the lease, to remove
any buildings or fences erected by the lessee or to dispose of them to an
incoming tenant.
[Section 97 inserted: No. 35 of 2000 s. 36;
amended: No. 28 of 2006 s. 209; No. 36 of 2011 s. 32; No. 28 of 2015 s. 50.]