(1) The Minister may
grant a lease (a pastoral lease ) over any Crown lands in accordance with Part
6 and this Part.
(2) Subject to this
section, if land under a pastoral lease proposed to be granted includes
improvements, the grant of the lease may be subject to the payment of a sale
price.
[(3) deleted]
(4) The Minister must
act under this section in consultation with the Board, which is to offer its
advice on the setting of the sale price, conditions and procedures for any of
the release processes, and the evaluation of applicants under section 102.
(5) A pastoral lease
must not be granted unless —
(a) the
Board is satisfied that the land under the lease will be capable, when fully
developed, of carrying sufficient authorised stock to enable it to be worked
as an economically viable and ecologically sustainable pastoral business unit;
or
(b) the
lease is to be amalgamated with an adjoining pastoral lease; or
(c) the
lease is to become, together with an adjoining pastoral lease or part of an
adjoining pastoral lease, a pastoral business unit under section 142A, the
creation of which has been approved under section 142A(1).
(6) Subsections (2)
and (5) do not apply in relation to the following —
(a) a
renewal or grant of a lease offered under section 140;
(b) a
grant of a lease in the circumstances referred to in section 105A(1)(b).
[Section 101 amended: No. 59 of 2000 s. 24; No. 4
of 2023 s. 46.]