sec.176ZWhen payment obligations end if lease ends under part

### sec.176Z When payment obligations end if lease ends under part This section applies if a lease ends under this part. An obligation to pay future rent and other amounts that may become payable in relation to the lease stops on— if the lease ends because an offer to convert the lease to freehold land is accepted—the day the offer to convert the lease is accepted; or otherwise—the day before the day on which the lease ends. s 176Z ins 2007 No. 19 s 87 amd 2014 No. 29 s 62 sub 2023 No. 2 s 26 (sec.176Z-ssec.1) This section applies if a lease ends under this part. (sec.176Z-ssec.2) An obligation to pay future rent and other amounts that may become payable in relation to the lease stops on— if the lease ends because an offer to convert the lease to freehold land is accepted—the day the offer to convert the lease is accepted; or otherwise—the day before the day on which the lease ends. - (a) if the lease ends because an offer to convert the lease to freehold land is accepted—the day the offer to convert the lease is accepted; or - (b) otherwise—the day before the day on which the lease ends.