sec.308Provision for existing leases

sec.308 Provision for existing leases

This section applies to a lease under the pre-amended Act in effect immediately before the commencement. A standard lease under the pre-amended Act is taken to be a part 10 lease for the same term for which the standard lease was granted. A townsite lease under the pre-amended Act is taken to be a townsite lease. A lease for private residential purposes under the pre-amended Act is taken to be a home ownership lease for the same term for which the lease for private residential purposes was granted. s 308 ins 2014 No. 45 s 25 (sec.308-ssec.1) This section applies to a lease under the pre-amended Act in effect immediately before the commencement. (sec.308-ssec.2) A standard lease under the pre-amended Act is taken to be a part 10 lease for the same term for which the standard lease was granted. (sec.308-ssec.3) A townsite lease under the pre-amended Act is taken to be a townsite lease. (sec.308-ssec.4) A lease for private residential purposes under the pre-amended Act is taken to be a home ownership lease for the same term for which the lease for private residential purposes was granted.