sec.165BDeciding to make offer to convert lease before receiving conversion application

### sec.165B Deciding to make offer to convert lease before receiving conversion application The chief executive may, at any time before receiving a conversion application, decide to offer to convert— a perpetual lease to freehold land; or a term lease to freehold land; or a term lease to a perpetual lease, but only if the term lease is— a lease for pastoral purposes; or a lease for tourism purposes for land on a regulated island. Before making a decision under subsection (1) , the chief executive must evaluate the lease land to assess the most appropriate tenure for the land. For conducting the evaluation under subsection (2) , section 16 applies with necessary changes. Sections 420FA and 420G apply in relation to making a decision under subsection (1) — as if a reference in the sections to deciding an application were a reference to making the decision; and with other necessary changes. s 165B ins 2023 No. 2 s 22 (sec.165B-ssec.1) The chief executive may, at any time before receiving a conversion application, decide to offer to convert— a perpetual lease to freehold land; or a term lease to freehold land; or a term lease to a perpetual lease, but only if the term lease is— a lease for pastoral purposes; or a lease for tourism purposes for land on a regulated island. (sec.165B-ssec.2) Before making a decision under subsection (1) , the chief executive must evaluate the lease land to assess the most appropriate tenure for the land. (sec.165B-ssec.3) For conducting the evaluation under subsection (2) , section 16 applies with necessary changes. (sec.165B-ssec.4) Sections 420FA and 420G apply in relation to making a decision under subsection (1) — as if a reference in the sections to deciding an application were a reference to making the decision; and with other necessary changes. - (a) a perpetual lease to freehold land; or - (b) a term lease to freehold land; or - (c) a term lease to a perpetual lease, but only if the term lease is— (i) a lease for pastoral purposes; or (ii) a lease for tourism purposes for land on a regulated island. - (i) a lease for pastoral purposes; or - (ii) a lease for tourism purposes for land on a regulated island. - (i) a lease for pastoral purposes; or - (ii) a lease for tourism purposes for land on a regulated island. - (a) as if a reference in the sections to deciding an application were a reference to making the decision; and - (b) with other necessary changes.