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ABORIGINAL LAND ACT 1991 - SECT 137 Decision to renew lease

ABORIGINAL LAND ACT 1991 - SECT 137

Decision to renew lease

137 Decision to renew lease

(1) If the lessor decides to renew the home ownership lease, the lessor must give the lessee—
(a) notice of the decision; and
(b) a copy of the renewed lease.
(2) The renewed lease—
(a) has effect immediately after the lease it replaces (the
"replaced lease" ) ends; and
(b) is subject to all the conditions to which the replaced lease was subject immediately before it ended.
(3) No amount is payable under section 126 (1) (b) for the renewed lease.