sec.45Ownership of improvements

sec.45 Ownership of improvements

This section applies if the statement of reasons (obstacles) identifies as an obstacle that the ownership of an improvement on the lease entitlement land needs to be resolved. The Minister must consult with any person having an interest in the improvement and seek to ensure that the grant of a lease to satisfy the lease entitlement, and that affects an interest in the improvement, happens with the agreement of any person having an interest in the improvement. An agreement under subsection (2) may be an agreement to transfer an improvement that is a social housing dwelling. Section 62 states requirements for deciding the value of the social housing dwelling for the transfer. (sec.45-ssec.1) This section applies if the statement of reasons (obstacles) identifies as an obstacle that the ownership of an improvement on the lease entitlement land needs to be resolved. (sec.45-ssec.2) The Minister must consult with any person having an interest in the improvement and seek to ensure that the grant of a lease to satisfy the lease entitlement, and that affects an interest in the improvement, happens with the agreement of any person having an interest in the improvement. (sec.45-ssec.3) An agreement under subsection (2) may be an agreement to transfer an improvement that is a social housing dwelling. Section 62 states requirements for deciding the value of the social housing dwelling for the transfer.