Page 3691 - Week 12 - Tuesday, 27 October 2015

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17

Clause 28

Proposed new section 7A (4), definition of former owner, paragraph (b)

Page 22, line 27—

after

surrendered

insert

or sold

18

Proposed new section 7A (4), definition of former owner, paragraph (c)

Page 23, line 5—

after

surrendered

insert

or sold

19

Proposed new parts 9, 10 and 11

Page 26, line 14—

insert

Part 9Planning and Development

Regulation 2008

38Certain direct sales not requiring approval—Act, s 240 (1) (d)

Section 130 (2), definition of eligible former owner

substitute

eligible former owner means—

(a) a person who—

(i) was the lessee of an affected lease or eligible impacted lease; and

(ii) for a lessee of an affected lease—

(A) surrendered the affected lease to the Territory under the LAIE buyback program; and

(B) in the deed to surrender the affected lease elected to receive a first right of refusal to purchase a new lease of the land; and

(iii) for a lessee of an eligible impacted lease—

(A) sold the lease to the Territory under the eligible impacted property buyback program; and

(B) in the contract for the sale of the eligible impacted lease elected to receive a first right of refusal to purchase a new lease of the land; or

(b) if the person mentioned in paragraph (a) dies—a person who would have obtained an interest in the affected lease or eligible impacted lease if the lease had not been surrendered or sold; or

(c) if the person mentioned in paragraph (a) is a party to a divorce or the ending of a civil partnership or civil union—a person who would have obtained an interest in the affected lease or eligible impacted lease under a court order if the lease had not been surrendered or sold.


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