LAND ACT 1958 - SECT 137C Terms and conditions
LAND ACT 1958 - SECT 137C
Terms and conditionsA conditional purchase lease shall be granted—
(a) for such term not exceeding ten years and subject to the payment of such instalments and interest as the Minister thinks fit;
(b) on condition that buildings or improvements of the value specified in the lease are erected within the time specified in the lease; and
(c) on any other conditions and subject to any covenants, reservations, restrictions or exemptions which the Minister thinks fit.
S. 137D inserted by No. 10011 s. 12.