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