FISH RESOURCES MANAGEMENT ACT 1994 - SECT 100

FISH RESOURCES MANAGEMENT ACT 1994 - SECT 100

100 .         Termination of lease

        (1)         The Minister may, by notice in writing given to the lessee, terminate the lease if, in the Minister’s opinion, the leased area —

            (a)         is no longer being used for the purposes for which the lease was granted; or

            (b)         is being used for purposes other than the purposes for which the lease was granted.

        (2)         A lease may be terminated on any other grounds provided in the lease and in the manner provided in the lease.

        (3)         If —

            (a)         a lease is terminated or expires; and

            (b)         any structure, equipment or fish has not been removed from the leased area within 3 months from the day on which the lease was terminated or expired,

                the structure, equipment or fish is, by virtue of this section, forfeited to the Crown.