(1) The Minister may
grant leases of Crown land for any purpose and may, without limiting the
generality of that power —
(a)
grant leases of Crown land by public auction, public tender or private treaty;
and
(b) fix
the duration of any such lease; and
(c)
determine rentals, premiums, conditions and penalties in respect of any such
lease; and
(d)
require a performance bond in respect of any such lease.
(2) The Minister may
pay a commission to a person acting on behalf of the Minister in the granting
of leases of Crown land.
(3) Without limiting
the generality of conditions referred to in subsection (1)(c), those
conditions include —
(a)
options for renewal of leases granted; and
(b)
options to purchase the fee simple of the Crown land leased,
under subsection (1),
and conditions for the variation of those conditions.
(4) The Minister may
at any time extend the term, or vary the provisions, of a lease.
(5) Any sublease or
other interest granted under a lease —
(a) the
term of which is extended; or
(b) the
provisions of which are varied,
under subsection (4)
continues to have effect insofar as it is permitted to do so by that extension
or variation.
(6) The operation of
this section is subject to Parts 6A and 7.
[Section 79 amended: No. 4 of 2023 s. 35.]