sec.166Application to convert lease

### sec.166 Application to convert lease A lessee may apply to convert (a conversion application )— a perpetual lease to freehold land; and a term lease to freehold land; and 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. A conversion application may be rejected without consideration under section 167 if— either— the lessee has rejected an earlier offer by the chief executive to convert the lease to freehold land or a perpetual lease; or the lessee has made an earlier conversion application and the application was refused; and there is no relevant change in circumstances from the rejection of the chief executive’s offer or the earlier application. s 166 amd 2007 No. 19 s 77 ; 2010 No. 12 s 116 ; 2013 No. 23 s 72 ; 2014 No. 29 s 47 ; 2023 No. 2 s 23 (sec.166-ssec.1) A lessee may apply to convert (a conversion application )— a perpetual lease to freehold land; and a term lease to freehold land; and 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.166-ssec.2) A conversion application may be rejected without consideration under section 167 if— either— the lessee has rejected an earlier offer by the chief executive to convert the lease to freehold land or a perpetual lease; or the lessee has made an earlier conversion application and the application was refused; and there is no relevant change in circumstances from the rejection of the chief executive’s offer or the earlier application. - (a) a perpetual lease to freehold land; and - (b) a term lease to freehold land; and - (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) either— (i) the lessee has rejected an earlier offer by the chief executive to convert the lease to freehold land or a perpetual lease; or (ii) the lessee has made an earlier conversion application and the application was refused; and - (i) the lessee has rejected an earlier offer by the chief executive to convert the lease to freehold land or a perpetual lease; or - (ii) the lessee has made an earlier conversion application and the application was refused; and - (b) there is no relevant change in circumstances from the rejection of the chief executive’s offer or the earlier application. - (i) the lessee has rejected an earlier offer by the chief executive to convert the lease to freehold land or a perpetual lease; or - (ii) the lessee has made an earlier conversion application and the application was refused; and