Northern Territory Consolidated Acts81. Cancellation of lease as regards resumed land
(1) A notification by the Minister and published in the Gazette that land included in a lease has been resumed is conclusive evidence of the fact and shall have effect to cancel the lease as regards the land resumed, and to reduce the rent for the remainder of the land proportionately to the extent of the resumption.
(2) Where a portion of the land included in a lease is resumed under section 76 and the lease contains a covenant by the lessee to comply with the requirements of the lease as to developmental work and improvements, the Minister shall, within 28 days after the notification referred to in subsection (1), review the requirements of the lease having regard to the nature and area of the lands remaining subject to the lease, determine the extent to which the requirements shall be varied and give notice, in writing, of that determination to the lessee.
(3) Where the Minister, under subsection (2), gives notice of a determination to a lessee, the requirements of the lease as to developmental work and improvements shall be taken to be varied:
(a) if the determination is varied under this Act - in accordance with that determination as so finally varied; and
(b) in any other case - in accordance with the determination,
as from the date on which the determination is so varied or as from the date of the determination, as the case may be.