53Leasing of land, &c., not immediately required

53 Leasing of land, &c., not immediately required

(1)  If Homes Tasmania is satisfied that any land, or land and premises, that –

(a) are vested in, or held by, Homes Tasmania under or for the purposes of this Act; or

(b) have been granted to Homes Tasmania under section 12 of the Crown Lands Act 1976 ; or

(c) Homes Tasmania is entitled to be granted under section 12 of the Crown Lands Act 1976  –

are not immediately required for the purposes of this Act, Homes Tasmania may lease to another person that land, or that land and premises, at the price, and on the terms and conditions, that Homes Tasmania thinks fit.

(2)  Without limiting the generality of subsection (1) , Homes Tasmania may be satisfied that land, or land and premises, are not immediately required for the purposes of this Act if Homes Tasmania is satisfied that –

(a) other land, or other land and premises, are likely to be more suited to the provision of accommodation to eligible persons; or

(b) it is necessary or convenient to lease the land, or other land and premises, so as to obtain funds that may be used for the purposes of this Act.