39Purchase and allocation by agreement

39 Purchase and allocation by agreement

(1)  *[Section 39 Subsection (1) amended by No. 88 of 1983, s. 3 and s. 4 and Sched. 1 and Sched. 2 ]**[Section 39 Subsection (1) amended by No. 77 of 1995, s. 3 and Sched. 1 ]*Where any two or more intending applicants for leases under this Part have agreed with the owner of any land for the conveyance of transfer of that land or any part thereof by the owner to TDR for the purposes of this Act, TDR, on their application, may purchase the land agreed to be sold and grant leases thereof under this Part.

(2)  *[Section 39 Subsection (2) amended by No. 88 of 1983, s. 4 and Sched. 2 ]**[Section 39 Subsection (2) amended by No. 77 of 1995, s. 3 and Sched. 1 ]*Where intending applicants have made application under subsection (1) , the land purchased at their instance may be subdivided and allocated among them in accordance with a scheme submitted by them and approved by TDR or, failing any such scheme, as TDR may determine.

(3)  All applications under this section shall be in the prescribed form and subject to such conditions as to fees, charges, deposits, forfeitures, and otherwise, as may be prescribed.