Victorian Consolidated Legislation

Melbourne (Yarra Park) Land Act 1980 - SECT 3

Corporation may grant leases of land described in Schedule

3. Corporation may grant leases of land described in Schedule



(1) Notwithstanding anything in any Act the corporation as committee of
management of the land permanently reserved by the Order in Council of 9 June
1873 as a site for a public park known as Yarra Park may from time to time
grant leases of the land delineated and shown hatched on the plan in the
Schedule for the purposes of sport or recreation or social activities
connected therewith including the erection of buildings.

(2) A lease under this section-

   (a)  shall be subject to such covenants conditions exceptions and
        reservations as the corporation thinks fit;

   (b)  shall provide that in the event of the Order in Council of 9 June
        1873, and Crown Grant volume 600 folium 119902 being revoked in so far
        as they relate to the land the subject of the lease for or in
        connexion with the widening of Punt Road no compensation whatsoever
        shall be payable to the lessee;

   (c)  shall be for a term not exceeding 21 years; and

   (d)  shall be subject to approval by the Governor in Council.

(3) The moneys received by way of rent under any lease granted under this
section shall be applied by the corporation towards the maintenance and
improvement of the whole or any parts of the land permanently reserved as
aforesaid or for such other purposes as the Minister in any particular case
approves.