164Rights conferred by lease

#### 164 Rights conferred by lease 164 Rights conferred by lease > > (1) An aquaculture lease vests in the lessee, the lessee’s executors, administrators, and assigns— > > > > > (a) the exclusive right during the currency of the lease to undertake the type of aquaculture specified in the lease, subject to the provisions of or made under this Act and the provisions of the lease, and > > > > > (b) the ownership of all fish or marine vegetation specified in the lease that are within the leased area. > > > (2) An aquaculture lease does not confer the right of exclusive possession of the leased area. > > > (3) An aquaculture lease is subject to the public right of fishing and to any right recognised by the regulations, except as provided by subsection (1) and the other provisions of or made under this Act. > > > (4) Nothing in this section authorises a person to interfere with or damage anything on the leased area. > > **s 164:** Am 2009 No 114, Sch 1 \[85\].