Aboriginal and Torres Strait Islander Land Holding Act 2013
sec.68Surrenders
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sec.68 Surrenders
The lessee of a lease may surrender all or part of the lease only if each of the following has given written agreement to the surrender— the mortgagee of a registered mortgage of the lease or of an interest under the lease; the holder of a sublease under the lease. The lessee must notify the holder of a registered interest under the lease of the lessee’s intention to surrender the lease at least 28 days before the surrender takes effect. The surrender of a lease may be on the basis of the payment of an agreed consideration for the surrender. (sec.68-ssec.1) The lessee of a lease may surrender all or part of the lease only if each of the following has given written agreement to the surrender— the mortgagee of a registered mortgage of the lease or of an interest under the lease; the holder of a sublease under the lease. (sec.68-ssec.2) The lessee must notify the holder of a registered interest under the lease of the lessee’s intention to surrender the lease at least 28 days before the surrender takes effect. (sec.68-ssec.3) The surrender of a lease may be on the basis of the payment of an agreed consideration for the surrender.
- (a) the mortgagee of a registered mortgage of the lease or of an interest under the lease;
- (b) the holder of a sublease under the lease.