Page 2555 - Week 06 - Thursday, 23 June 2011

Clause 19

Dictionary, proposed new definition of s 277 chargeable variation

Page 23, line 11—

omit the definition, substitute

s 276D chargeable variation, of a nominal rent lease, for division 9.6.3 (Variation of nominal rent leases)—see section 276AA.

s 277 chargeable variation, of a nominal rent lease, for division 9.6.3 (Variation of nominal rent leases)—see section 276AA.

Clause 21

Page 24, line 6—

[oppose the clause]

Clause 22

Page 26, line 11—

omit clause 22, substitute

22 Division 5.5.2

substitute

Division 5.5.2 Independent valuation of s 277 lease variation charge

171 Appointment of independent valuer—Act, s 277D (4) (b) (ii)

The president of the ACT division of the Australian Property Institute Incorporated ABN 49 007 505 866 is prescribed.

172 Requirements for independent valuer—Act, s 277D (4) (c)

A valuer preparing an independent valuation must be a current member of the Australian Property Institute Incorporated ABN 49 007 505 866.

Clause 23

Page 26, line 16—

[oppose the clause]

Clause 24

Page 26, line 18—

[oppose the clause]

Clause 25

Page 27, line 1—

[oppose the clause]

Clause 29

Page 27, line 16—

[oppose the clause]