sec.249Payment by the State for improvements

### sec.249 Payment by the State for improvements If a relevant term lease expires or is surrendered absolutely, or a perpetual lease for grazing or agricultural purposes is surrendered, and the State— sets aside any land, that was a part of the lease, as a reserve for a purpose mentioned in section 31 (1) ; or dedicates any land, that was a part of the lease, as a road; the State must pay, to the person who was the lessee, the value of any lawful improvements on the part of the land set aside or dedicated. The value is the value of the improvements on the day of the expiry or surrender. The Minister must decide the amount payable. The value of the improvements must be assessed as their market value in a sale of a lease of the same term and tenure as the expired or surrendered lease. The lessee may appeal against the Minister’s decision. To remove any doubt, it is declared that the lessee is the owner of improvements made to a lease by the State only if the lessee has paid for the improvements. In this section— extension provisions means chapter 4 , part 3 , division 1B and division 2 , subdivision 3 . relevant term lease means— a term lease for pastoral purposes; or a term lease for agricultural or grazing purposes if— the lease is for rural leasehold land; and the lease land is 1,000ha or more; and the term is 20 years or more; and it was granted under the renewal provisions or extended under the extension provisions. s 249 amd 2007 No. 19 s 132 ; 2013 No. 23 s 352 sch 1 pt 1 ; 2014 No. 29 s 74 ; 2024 No. 12 s 59 (sec.249-ssec.1) If a relevant term lease expires or is surrendered absolutely, or a perpetual lease for grazing or agricultural purposes is surrendered, and the State— sets aside any land, that was a part of the lease, as a reserve for a purpose mentioned in section 31 (1) ; or dedicates any land, that was a part of the lease, as a road; the State must pay, to the person who was the lessee, the value of any lawful improvements on the part of the land set aside or dedicated. (sec.249-ssec.2) The value is the value of the improvements on the day of the expiry or surrender. (sec.249-ssec.3) The Minister must decide the amount payable. (sec.249-ssec.4) The value of the improvements must be assessed as their market value in a sale of a lease of the same term and tenure as the expired or surrendered lease. (sec.249-ssec.5) The lessee may appeal against the Minister’s decision. (sec.249-ssec.6) To remove any doubt, it is declared that the lessee is the owner of improvements made to a lease by the State only if the lessee has paid for the improvements. (sec.249-ssec.7) In this section— extension provisions means chapter 4 , part 3 , division 1B and division 2 , subdivision 3 . relevant term lease means— a term lease for pastoral purposes; or a term lease for agricultural or grazing purposes if— the lease is for rural leasehold land; and the lease land is 1,000ha or more; and the term is 20 years or more; and it was granted under the renewal provisions or extended under the extension provisions. - (a) sets aside any land, that was a part of the lease, as a reserve for a purpose mentioned in section 31 (1) ; or - (b) dedicates any land, that was a part of the lease, as a road; - (a) a term lease for pastoral purposes; or - (b) a term lease for agricultural or grazing purposes if— (i) the lease is for rural leasehold land; and (ii) the lease land is 1,000ha or more; and (iii) the term is 20 years or more; and (iv) it was granted under the renewal provisions or extended under the extension provisions. - (i) the lease is for rural leasehold land; and - (ii) the lease land is 1,000ha or more; and - (iii) the term is 20 years or more; and - (iv) it was granted under the renewal provisions or extended under the extension provisions. - (i) the lease is for rural leasehold land; and - (ii) the lease land is 1,000ha or more; and - (iii) the term is 20 years or more; and - (iv) it was granted under the renewal provisions or extended under the extension provisions.