Victorian Consolidated Legislation

Melbourne Market Authority Act 1977 - SECT 45

Transitional provisions of transfer to Trust of market land and market

45. Transitional provisions of transfer to Trust of market land and market



(1) Nothing in this Part affects the continuity of status operation or effect
of any lease tenancy permit or licence granted by the Council in respect of
the land shown hatched on the plan in Schedule 2 or of buildings or chattels
on that land granted before the appointed day.

(2) The interest of the Council in a lease, tenancy, permit or licence
referred to in subsection (1) shall, on and after the appointed day, be deemed
to have been assigned on that day by the Council to the Trust.

(3) Notwithstanding anything to the contrary in this Act, a use of the market
land authorized by or under a lease tenancy permit or licence referred to in
subsection (1) shall be deemed to be a use that is authorized under this Act.

(4) A lease tenancy permit or licence referred to in subsection (1) shall,
notwithstanding any provision to the contrary, terminate upon the expiration
of 3 years after the date of commencement of this section, unless an earlier
date is specified in the lease tenancy permit or licence.