sec.6AMeaning of prescribed change of ownership

sec.6A Meaning of prescribed change of ownership

A prescribed change of ownership of an unconverted lease is a change in the lessee’s ownership of the lease registered on or after the application day, other than any of the following— for an unconverted lease held by joint tenants, if 1 or more of the joint tenants die—the recording of the surviving joint tenant or tenants as the lessee for the lease; for an unconverted lease held by a lessee who dies—a transmission of the lease to the lessee’s personal representative; for an unconverted lease held by a person who becomes an insolvent under administration—a transmission of the lease— to the person’s trustee; or if the person ceases to be an insolvent under administration—from the person’s trustee to the person; another change in the lessee’s ownership of a type prescribed under a regulation. s 6A ins 2005 No. 46 s 14 amd 2023 No. 23 s 247 sch 1 s 2 (3)

• (a) for an unconverted lease held by joint tenants, if 1 or more of the joint tenants die—the recording of the surviving joint tenant or tenants as the lessee for the lease;
• (b) for an unconverted lease held by a lessee who dies—a transmission of the lease to the lessee’s personal representative;
• (c) for an unconverted lease held by a person who becomes an insolvent under administration—a transmission of the lease— (i) to the person’s trustee; or (ii) if the person ceases to be an insolvent under administration—from the person’s trustee to the person;
• (i) to the person’s trustee; or
• (ii) if the person ceases to be an insolvent under administration—from the person’s trustee to the person;
• (d) another change in the lessee’s ownership of a type prescribed under a regulation.
• (i) to the person’s trustee; or
• (ii) if the person ceases to be an insolvent under administration—from the person’s trustee to the person;