sec.74Applying ALA , pt 14 (Provisions about mortgages of leases over Aboriginal land)

sec.74 Applying ALA , pt 14 (Provisions about mortgages of leases over Aboriginal land)

ALA , part 14 applies to a lease to which this division applies if it is over Aboriginal land and was granted after the land became Aboriginal land. For applying ALA , part 14 , the lease is taken to be— if the lease is granted for residential use—a home ownership lease under ALA ; or otherwise—a lease granted under ALA , section 120 (1) or 121 (1) . For applying ALA , section 182 (7) , the reference to a person who would be entitled to a grant of the lease is taken to be a reference to a person to whom, under this Act, the lease may be transferred. s 74 amd 2014 No. 45 s 58 sch 1 pt 1 (sec.74-ssec.1) ALA , part 14 applies to a lease to which this division applies if it is over Aboriginal land and was granted after the land became Aboriginal land. (sec.74-ssec.2) For applying ALA , part 14 , the lease is taken to be— if the lease is granted for residential use—a home ownership lease under ALA ; or otherwise—a lease granted under ALA , section 120 (1) or 121 (1) . (sec.74-ssec.3) For applying ALA , section 182 (7) , the reference to a person who would be entitled to a grant of the lease is taken to be a reference to a person to whom, under this Act, the lease may be transferred.

• (a) if the lease is granted for residential use—a home ownership lease under ALA ; or
• (b) otherwise—a lease granted under ALA , section 120 (1) or 121 (1) .