PASTORAL LAND MANAGEMENT AND CONSERVATION ACT 1989 - SECT 24
PASTORAL LAND MANAGEMENT AND CONSERVATION ACT 1989 - SECT 24
24—Term of pastoral leases
(1) Subject to
subsection (2), a pastoral lease will be granted for a term of 42 years.
(2) Where a lessee
surrenders two or more pastoral leases for the purposes of merger of the
leases, the term of the lease to be granted to the lessee will be such term as
the Board, having regard to the terms of the surrendered leases, thinks
appropriate.