29Terms and conditions in holdings that are enforceable despite Act and regulations

29 Terms and conditions in holdings that are enforceable despite Act and regulations

29 Terms and conditions in holdings that are enforceable despite Act and regulations

(1) For the purposes of section 5.2 (2) (f) of the Act, each of the following matters is permitted to be included in the terms and conditions of a holding—

(a) insurance requirements,

(b) indemnity requirements,

(c) obligations concerning land or water management,

(d) obligations to prevent or minimise land contamination,

(e) obligations to return land or premises to the same condition as at the commencement of the holding,

(f) a requirement that a person to whom a licence is transferred under section 5.27 (4) of the Act pay a security deposit to the Minister.

(2) A condition of a licence that requires a person to whom a licence is transferred under section 5.27 (4) of the Act to pay a security deposit to the Minister is a mandatory matter for the purposes of section 5.2 of the Act.

cl 29: Am 2019 (72), Sch 1 [1] [2].