LAND ACT 1958 - SECT 121 Granting of leases for agricultural purposes

LAND ACT 1958 - SECT 121

    (1)     The Minister, or a person authorised in writing by the Minister, may grant a lease under this Division for agricultural purposes.

    (2)     A lease granted under subsection (1) is subject to—

        (a)     the payment of rent determined by the person granting the lease; and

        (b)     the terms, conditions, covenants, reservations, restrictions and exceptions that the person granting the lease thinks fit.

    (3)     Without limiting subsection (2), a lease granted under subsection (1) may contain—

        (a)     options for the lessee to renew the lease for a further term or terms; and

        (b)     provision for a lessee to remain in occupation of the land under the same terms and conditions as existed under the lease, at the discretion of the lessor, for a period not exceeding 3 months from the expiry of the lease.

S. 122 substituted by No. 96/1994 s. 8.