sec.9Cancellation and grant of term lease

### sec.9 Cancellation and grant of term lease Term lease 205674 of lot 6 on CP892041, County of Gregory, Parish of Bulmung, issued to the company (the former lease ) is cancelled. A term lease of lot 6 on CP892041, County of Gregory, Parish of Bulmung (the new lease ) is granted to the company. The new lease is taken to have been granted under the Land Act 1994 on the same terms as the former lease. However, the term of the new lease starts on the commencement of this section. Also, the new lease is granted in full satisfaction of any rights arising out of or in relation to the former lease. Anything done under the former lease is taken to have been validly done under the new lease. (sec.9-ssec.1) Term lease 205674 of lot 6 on CP892041, County of Gregory, Parish of Bulmung, issued to the company (the former lease ) is cancelled. (sec.9-ssec.2) A term lease of lot 6 on CP892041, County of Gregory, Parish of Bulmung (the new lease ) is granted to the company. (sec.9-ssec.3) The new lease is taken to have been granted under the Land Act 1994 on the same terms as the former lease. (sec.9-ssec.4) However, the term of the new lease starts on the commencement of this section. (sec.9-ssec.5) Also, the new lease is granted in full satisfaction of any rights arising out of or in relation to the former lease. (sec.9-ssec.6) Anything done under the former lease is taken to have been validly done under the new lease.