133CForfeiture of leases and cancellation of licences

133C Forfeiture of leases and cancellation of licences (1) If the Minister is satisfied, after giving a lessee a reasonable opportunity to be heard, that the lessee has failed to comply with any of the conditions or covenants of the lease, the Minister may, by notice published in the Government Gazette, declare that the lease is forfeited. (2) If the Minister is satisfied, after giving a licensee a reasonable opportunity to be heard, that the licensee has failed to comply with any of the terms or conditions of the licence, the Minister may, by notice published in the Government Gazette, declare that the licence is cancelled. (3) On the declaration under this section that a lease is forfeited or a licence cancelled— (a) any interest, right or privilege created by the lease or licence ceases to exist; and (b) all money paid under the lease or licence is forfeited. (4) No compensation is payable for— (a) the forfeiture of money to the Crown; or (b) the vesting of improvements in the Crown; or (c) the extinguishment of any interest, right or privilege— under this section. S. 133D inserted by No. 96/1994 s. 11.