Aboriginal and Torres Strait Islander Land Holding Act 2013
sec.66Lease for residential purposes
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sec.66 Lease for residential purposes
This section applies if, under a lease, land must be used primarily for residential purposes. If, on the commencement of this section, there is no private residential premises on the land, the lessee must ensure a private residential premises is built on the land— for a 1985 Act granted lease—within 8 years after the commencement of this section; or for a new Act granted lease—within 8 years after the lease is granted. The annual rental for the lease is the amount, of not more than $1, decided by the lessor. (sec.66-ssec.1) This section applies if, under a lease, land must be used primarily for residential purposes. (sec.66-ssec.2) If, on the commencement of this section, there is no private residential premises on the land, the lessee must ensure a private residential premises is built on the land— for a 1985 Act granted lease—within 8 years after the commencement of this section; or for a new Act granted lease—within 8 years after the lease is granted. (sec.66-ssec.3) The annual rental for the lease is the amount, of not more than $1, decided by the lessor.
- (a) for a 1985 Act granted lease—within 8 years after the commencement of this section; or
- (b) for a new Act granted lease—within 8 years after the lease is granted.