sec.60Agreement or arrangement for 1985 Land Holding Act , s 15

sec.60 Agreement or arrangement for 1985 Land Holding Act , s 15

This section applies if, immediately before the commencement of the section, an agreement or arrangement for the purposes of the 1985 Land Holding Act , section 15 (1) existed for the purchase of an improvement. For subsection (1) , it does not matter— whether the price and the terms and conditions of the purchase were approved by the Governor in Council under the 1985 Land Holding Act , section 15 (1) ; or whether the improvement is located on lease land for a 1985 Act granted lease or on lease entitlement land. The agreement or arrangement continues in force. (sec.60-ssec.1) This section applies if, immediately before the commencement of the section, an agreement or arrangement for the purposes of the 1985 Land Holding Act , section 15 (1) existed for the purchase of an improvement. (sec.60-ssec.2) For subsection (1) , it does not matter— whether the price and the terms and conditions of the purchase were approved by the Governor in Council under the 1985 Land Holding Act , section 15 (1) ; or whether the improvement is located on lease land for a 1985 Act granted lease or on lease entitlement land. (sec.60-ssec.3) The agreement or arrangement continues in force.

• (a) whether the price and the terms and conditions of the purchase were approved by the Governor in Council under the 1985 Land Holding Act , section 15 (1) ; or
• (b) whether the improvement is located on lease land for a 1985 Act granted lease or on lease entitlement land.