Document ID: chunk:federal_register_of_legislation:C2024C00224:section:246
Version: federal_register_of_legislation:C2024C00224
Segment Type: section
Provision Reference: s 246
Character Range: 741899–742757

246  Commercial lease

Definition
 (1) A commercial lease is a lease (other than a mining lease) that permits the lessee to use the land or waters covered by the lease solely or primarily for business or commercial purposes. The defining of agricultural lease, pastoral lease and residential lease in sections 247, 248 and 249 is not intended to limit the coverage of commercial lease.

Examples of a commercial lease
 (2) For the purposes of subsection (1):
 (a) construction on land of a building to be used for business or commercial purposes, or of a hotel, motel or tourist resort, is an example of use of the land for business or commercial purposes; and
 (b) use of a building on land for business or commercial purposes, or operation of a hotel, motel or tourist resort on land, is an example of use of the land for business or commercial purposes.