Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) Where, upon the expiration of a lease of land on which there are improvements, the former lessee is granted under this Act a further lease of that land or of any part of that land, he is not liable to make any payment to the Territory in respect of the improvements on that land or part.
(2) Where a lessee of land upon which there are improvements applies under this Act for a further lease of the land but is not granted a further lease of the whole of the land, the Minister shall require the Valuer-General to determine the value of the improvements, if any, on that part of the land in respect of which the lessee is not granted a further lease.
(2A) Where the Valuer-General determines the value of improvements under subsection (2), the Territory shall pay to the lessee an amount equal to that value or, if that value is varied under this Act, an amount equal to the value of the improvements as finally determined under this Act.
(3) Where a lessee of land upon which there are improvements does not apply for a further lease of that land he may, within 14 days from the date of the expiry of the lease, elect to remove those improvements from the land or to apply for compensation in respect thereof.
(4) Upon application by a former lessee for compensation in accordance with an election under subsection (3), the Territory is liable to pay to him such amount as is, in the opinion of the Minister, the value to the Territory of the improvements on the land.
(5) An election made under subsection (3) confers on the former lessee a right to enter upon the land and to remove the improvements but that right subsists only for a period of 3 months after the date of the election or for such longer period as the Minister allows.