Northern Territory Consolidated Acts

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JABIRU TOWN DEVELOPMENT ACT - SECT 21

Sub-leasings

21. Sub-leasings

(1) The Authority may grant a lease of, or licence to use, land or premises.

(2) Without limiting the generality of subsection (1), the Authority may -

(a) grant a lease for a term of years;

(b) determine premiums, rents and other charges payable for, under or in respect of leases and other rights in respect of land;

(c) include a building covenant and other terms and conditions in a lease;

(d) give assistance, including financial assistance, to a person to purchase a lease or to build on leased land; and

(e) restrict the right to sub-lease.

(3) Subject to any restriction expressed in a lease, a lessee may
sub-lease.

Part IV. Financial arrangements of Authority



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