Victorian Consolidated Legislation

Melbourne Lands and Market Sites Act 1991 - SECT 7

Consequences of sale

7. Consequences of sale



(1) Subject to this section, on a person or body becoming entitled to a Crown
grant of land in accordance with the terms and conditions of a sale under this
Act, the Governor in Council, on behalf of the Crown, may grant the land to
the person or body for an estate in fee simple, subject to any terms,
conditions, covenants, exceptions, reservations and limitations that the
Governor in Council may determine.

(2) If at the date of sale of land under this Act any of that land is subject
to a lease, then on and from the date of that sale the lease has effect-

   (a)  as a lease between the purchaser as lessor and the lessee for the time
        being under the lease, as if it had been assigned to the purchaser;
        and

   (b)  as if it referred to the purchaser instead of the lessor (however
        described).