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NORTHERN TERRITORY NATIONAL EMERGENCY RESPONSE ACT 2007 (NO. 129, 2007) - SECT 39 Earlier lease of Nauiyu (Daly River)

NORTHERN TERRITORY NATIONAL EMERGENCY RESPONSE ACT 2007 (NO. 129, 2007) - SECT 39

Earlier lease of Nauiyu (Daly River)

             (1)  If a lease (the earlier lease ) that covers Nauiyu (Daly River) (as described in clause 64 of Schedule 1 to this Act) is in force immediately before a lease (the later lease ) of part of that land is granted under section 31, the earlier lease is varied, by force of this subsection, to exclude the land covered by the later lease.

             (2)  The variation under subsection (1) takes effect at the time the later lease takes effect.

             (3)  The grant of the later lease does not affect the earlier lease, except as set out in this section.

             (4)  If, when the later lease ends, the earlier lease is still in force, then the earlier lease is varied, by force of this subsection, to include the land excluded under subsection (1).

             (5)  The variation under subsection (4) takes effect at the time the later lease ends.

             (6)  This section has effect despite subsection 31(3).