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EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.13 Ownership of improvements on leased land

EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.13

Ownership of improvements on leased land

    (1)     The ownership of any improvements on any land leased under this Subdivision remains with the current leaseholder if that leaseholder—

        (a)     made the improvements; or

        (b)     paid the previous leaseholder for the improvements on assignment of the lease to the leaseholder.

    (2)     If a leaseholder owns improvements on land leased under this Subdivision and—

        (a)     the lease is terminated; and

        (b)     there are no lawful assignees of the lease; and

        (c)     the leaseholder does not remove the improvements—

the improvements become the property of the Minister.

Subdivision 2—Easements over land

S. 5.7A.14 inserted by No. 28/2010 s. 17.