South Australian Consolidated Acts48C—Fee simple of lease or licence may be purchased
(1) In this
section—
"lease" or "licence" means a lease or licence over lands within an irrigation
area, being a lease or licence from the Crown under this Act, or any other Act
dealing with the disposal of lands of the Crown.
(2) A lessee or
licensee may apply in writing to the Minister to surrender his interest in the
lands, or any part of the lands, comprised in his lease or licence and to
purchase, at a price to be determined by the Minister, the fee simple of the
lands to which the surrender relates.
(3) The Minister may,
upon such terms and conditions as he thinks fit, grant an application made
under subsection (2), and shall give the applicant written notice of his
decision.
(4) Without limiting
the generality of subsection (3), the terms or conditions upon which an
application may be granted may include a term or condition—
(a) that
gives the applicant the option of purchasing the fee simple of the lands by
immediate payment of cash, or by an agreement to purchase; or
(b) that
requires the applicant to purchase the fee simple of the lands by immediate
payment of cash; or
(c) that
requires the land grant issued to the applicant, whether upon payment of cash
or upon completion of an agreement to purchase, to be subject to conditions or
reservations.
(5) A notice given
under subsection (3) to a successful applicant must state—
(a) the
purchase price determined by the Minister; and
(b) the
terms and conditions upon which the application is granted; and
(c) if
the applicant is given the option of entering into an agreement to purchase,
the terms, conditions, covenants or reservations of the proposed agreement;
and
(d) the
particulars of any conditions or reservations to which the land grant to be
issued to the applicant will be subject.
(6) A condition
attached to a land grant pursuant to this section may be of indeterminate
duration or for such period of time as the Minister determines.
(7) The Minister may
revoke, or waive compliance with, a condition to which a land grant or
certificate of title is subject.
(8) Where a land grant
is subject to conditions or reservations, any certificate of title
subsequently issued for any of the lands comprised in the land grant shall, if
issued during the continuance of the conditions or reservations, be endorsed
with those conditions or reservations.