sec.155AExtensions for a term of up to 40 years

### sec.155A Extensions for a term of up to 40 years This section applies to a lease if— the term of the lease is less than 40 years; and the land management agreement for the lease contains a commitment by the Minister to extend the lease under this section; and the lease has not already been extended under this section. The lessee may apply to extend the lease. The Minister may grant the application and extend the lease if the Minister is satisfied— the lease land is in good condition; and the lessee has complied with the land management agreement and any requirements under it for the granting of the extension. However, the term of the extension— can not be for more than 10 years; and must not extend the term of the lease beyond 40 years. s 155A ins 2007 No. 19 s 68 sub 2010 No. 12 s 108 (sec.155A-ssec.1) This section applies to a lease if— the term of the lease is less than 40 years; and the land management agreement for the lease contains a commitment by the Minister to extend the lease under this section; and the lease has not already been extended under this section. (sec.155A-ssec.2) The lessee may apply to extend the lease. (sec.155A-ssec.3) The Minister may grant the application and extend the lease if the Minister is satisfied— the lease land is in good condition; and the lessee has complied with the land management agreement and any requirements under it for the granting of the extension. (sec.155A-ssec.4) However, the term of the extension— can not be for more than 10 years; and must not extend the term of the lease beyond 40 years. - (a) the term of the lease is less than 40 years; and - (b) the land management agreement for the lease contains a commitment by the Minister to extend the lease under this section; and - (c) the lease has not already been extended under this section. - (a) the lease land is in good condition; and - (b) the lessee has complied with the land management agreement and any requirements under it for the granting of the extension. - (a) can not be for more than 10 years; and - (b) must not extend the term of the lease beyond 40 years.