Northern Territory Consolidated Acts21. 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