LAND ADMINISTRATION ACT 1997 - SECT 48
LAND ADMINISTRATION ACT 1997 - SECT 48
48 . Lease etc. of unmanaged reserve for other purposes, Minister’s powers to grant
(1) The Minister may
grant leases, licences or profits à prendre in respect of Crown land in
an unmanaged reserve for a purpose which is different from that or those of
the unmanaged reserve but which is compatible with or ancillary to the current
use or intended future use of that Crown land for the purpose or purposes of
the unmanaged reserve.
(2) A lease granted
under subsection (1) cannot be mortgaged.
(3) If a licence
granted under subsection (1) is transferable by the licensee, in accordance
with the Personal Property Securities Act 2009 (Commonwealth) section 10 the
definition of licence paragraph (d), the licence is declared not to be
personal property for the purposes of that Act.
[Section 48 amended: No. 42 of 2011 s. 80.]