Document ID: chunk:federal_register_of_legislation:C2007C00447:clause:1_19a:p2
Version: federal_register_of_legislation:C2007C00447
Segment Type: clause
Provision Reference: sch 1 cl 19A (pt 2/2)
Character Range: 43084–44436

of a lease granted under this section that existed immediately before the time the lease takes effect is preserved as a right, title or interest in that land after that time.

 (11) If that right, title or other interest was granted by the Land Trust, then, at the time the lease granted under this section takes effect, that right, title or other interest has effect as if it were granted by the approved entity on the same terms and conditions as existed immediately before that time.

 (12) If:
 (a) subsection (11) applies in relation to a right, title or other interest; and
 (b) the lease is transferred in accordance with this section; and
 (c) the right, title or other interest existed immediately before the time the transfer takes effect;
then, at that time, the right, title or other interest has effect as if it were granted by the transferee on the same terms and conditions as existed immediately before that time.

Subleases

 (13) This section does not prevent a sublease of a lease granted under this section.

 (14) A lease granted under this section must not contain any provision requiring the consent of any person to the grant of a sublease of the lease.

 (15) A lease granted under this section must not contain any provision relating to the payment of rent, or the non‑payment of rent, in relation to a sublease of the lease.