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Legislative Assembly for the ACT: 2001 Week 3 Hansard (6 March) . . Page.. 691 ..


(2) However, this Act does not apply to a lease if the lease is for less than 6 months, unless the lease is a continuous occupation lease.

5

Clause 15

Page 8, line 26-

Omit the clause, substitute the following clause:

15 Is assignment the same as entering into lease for working out application of Act?

In working out whether this Act applies to a lease, a person (the assignee ) is taken to have entered into the lease when the lease is assigned to the assignee.

6

Clause 23

Subclause (2)

Page 15, line 25-

Omit the subclause, substitute the following subclause:

(2) However, if a party requires the lease to be registered under the Land Titles Act 1925, the party must pay any fee for registration of the lease.

7

Clause 57

Subclause (1)

Page 28, line 15-

After "about the conflict", insert "(including details of the conflict)".

8

Clause 57

Proposed new subclauses (4) and (5)

Page 28, line 21-

At the end of the clause, insert the following new subclauses:

(4) For this section, the valuer is taken to have an interest that could conflict with the proper working out of the market rent for the lease if the valuer has or has recently had an interest, whether direct or indirect, in commercial property ownership or commercial property management.

(5) Subsection (4) does not limit the circumstances in which the valuer has an interest that could conflict with the proper working out of the market rent for the lease.

9

Clause 66

Subparagraph (4) (a) (i)

Page 33, line 12-

Omit the subparagraph.


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