sec.155BExtensions for a term of up to 50 years

### sec.155B Extensions for a term of up to 50 years This section applies to a lease if— the term of the lease is less than 50 years, including any extension of the term under section 155A ; and the land management agreement for the lease contains a commitment by the Minister to extend the lease if either or both of the following circumstances apply— if the Minister considers land (the relevant land ) that is all or part of the lease should be the subject of a conservation agreement or conservation covenant—a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land; if the Minister considers it is appropriate for there to be an indigenous cultural interest for all or part of the lease land—the lease land is subject to an indigenous cultural interest; 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 any land management agreement and any requirements under it for the granting of the extension; and the lessee has complied with the following for the lease land— any conservation agreement, or conservation covenant; any approved agreement for an indigenous cultural interest; and the extension is appropriate, having regard to either or both of the following for the lease land— the terms of any conservation agreement or conservation covenant; the terms of any approved agreement for an indigenous cultural interest. However, the extension— can not be for more than 10 years; and must not extend the term of the lease beyond 50 years. If an extension is granted for a lease under this section at the same time as an extension for the lease is granted under section 155A — for subsection (4) (b) , the term of the lease includes the extension granted under section 155A ; and the extension granted under this section starts on the day after the day the extension granted under section 155A ends. s 155B ins 2007 No. 19 s 68 sub 2010 No. 12 s 108 amd 2013 No. 2 s 121 (sec.155B-ssec.1) This section applies to a lease if— the term of the lease is less than 50 years, including any extension of the term under section 155A ; and the land management agreement for the lease contains a commitment by the Minister to extend the lease if either or both of the following circumstances apply— if the Minister considers land (the relevant land ) that is all or part of the lease should be the subject of a conservation agreement or conservation covenant—a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land; if the Minister considers it is appropriate for there to be an indigenous cultural interest for all or part of the lease land—the lease land is subject to an indigenous cultural interest; and the lease has not already been extended under this section. (sec.155B-ssec.2) The lessee may apply to extend the lease. (sec.155B-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 any land management agreement and any requirements under it for the granting of the extension; and the lessee has complied with the following for the lease land— any conservation agreement, or conservation covenant; any approved agreement for an indigenous cultural interest; and the extension is appropriate, having regard to either or both of the following for the lease land— the terms of any conservation agreement or conservation covenant; the terms of any approved agreement for an indigenous cultural interest. (sec.155B-ssec.4) However, the extension— can not be for more than 10 years; and must not extend the term of the lease beyond 50 years. (sec.155B-ssec.5) If an extension is granted for a lease under this section at the same time as an extension for the lease is granted under section 155A — for subsection (4) (b) , the term of the lease includes the extension granted under section 155A ; and the extension granted under this section starts on the day after the day the extension granted under section 155A ends. - (a) the term of the lease is less than 50 years, including any extension of the term under section 155A ; and - (b) the land management agreement for the lease contains a commitment by the Minister to extend the lease if either or both of the following circumstances apply— (i) if the Minister considers land (the relevant land ) that is all or part of the lease should be the subject of a conservation agreement or conservation covenant—a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land; (ii) if the Minister considers it is appropriate for there to be an indigenous cultural interest for all or part of the lease land—the lease land is subject to an indigenous cultural interest; and - (i) if the Minister considers land (the relevant land ) that is all or part of the lease should be the subject of a conservation agreement or conservation covenant—a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land; - (ii) if the Minister considers it is appropriate for there to be an indigenous cultural interest for all or part of the lease land—the lease land is subject to an indigenous cultural interest; and - (c) the lease has not already been extended under this section. - (i) if the Minister considers land (the relevant land ) that is all or part of the lease should be the subject of a conservation agreement or conservation covenant—a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land; - (ii) if the Minister considers it is appropriate for there to be an indigenous cultural interest for all or part of the lease land—the lease land is subject to an indigenous cultural interest; and - (a) the lease land is in good condition; and - (b) the lessee has complied with any land management agreement and any requirements under it for the granting of the extension; and - (c) the lessee has complied with the following for the lease land— (i) any conservation agreement, or conservation covenant; (ii) any approved agreement for an indigenous cultural interest; and - (i) any conservation agreement, or conservation covenant; - (ii) any approved agreement for an indigenous cultural interest; and - (d) the extension is appropriate, having regard to either or both of the following for the lease land— (i) the terms of any conservation agreement or conservation covenant; (ii) the terms of any approved agreement for an indigenous cultural interest. - (i) the terms of any conservation agreement or conservation covenant; - (ii) the terms of any approved agreement for an indigenous cultural interest. - (i) any conservation agreement, or conservation covenant; - (ii) any approved agreement for an indigenous cultural interest; and - (i) the terms of any conservation agreement or conservation covenant; - (ii) the terms of any approved agreement for an indigenous cultural interest. - (a) can not be for more than 10 years; and - (b) must not extend the term of the lease beyond 50 years. - (a) for subsection (4) (b) , the term of the lease includes the extension granted under section 155A ; and - (b) the extension granted under this section starts on the day after the day the extension granted under section 155A ends.