sec.322AAChief executive may grant exemption from approval requirement

### sec.322AA Chief executive may grant exemption from approval requirement If the chief executive considers it appropriate, the chief executive may, by written notice, exempt the following persons from the requirement under section 322 (1) (b) (i) to obtain the chief executive’s approval to a transfer of a lease— if the notice states a particular lease—the lessee under the lease; if the notice states a type of lease—each lessee under a lease of that type. If an exemption under subsection (1) applies to a lessee for a lease, a sublessee for a sublease under the lease is exempt from the requirement under section 322 (1) (b) (i) to obtain the chief executive’s approval to a transfer of the sublease. In acting under the notice, a lessee or sublessee must comply with any requirements prescribed by regulation. The notice may impose conditions on the exemption the chief executive considers appropriate. The chief executive may, by further written notice— impose additional conditions on the exemption; or amend or revoke a condition already imposed on the exemption under this section; or revoke the exemption. If the chief executive revokes the exemption under subsection (5) (c) , the chief executive must give the registrar of titles notice of the revocation. s 322AA ins 2019 No. 17 s 152 amd 2021 No. 12 s 148 sch 3 (sec.322AA-ssec.1) If the chief executive considers it appropriate, the chief executive may, by written notice, exempt the following persons from the requirement under section 322 (1) (b) (i) to obtain the chief executive’s approval to a transfer of a lease— if the notice states a particular lease—the lessee under the lease; if the notice states a type of lease—each lessee under a lease of that type. (sec.322AA-ssec.2) If an exemption under subsection (1) applies to a lessee for a lease, a sublessee for a sublease under the lease is exempt from the requirement under section 322 (1) (b) (i) to obtain the chief executive’s approval to a transfer of the sublease. (sec.322AA-ssec.3) In acting under the notice, a lessee or sublessee must comply with any requirements prescribed by regulation. (sec.322AA-ssec.4) The notice may impose conditions on the exemption the chief executive considers appropriate. (sec.322AA-ssec.5) The chief executive may, by further written notice— impose additional conditions on the exemption; or amend or revoke a condition already imposed on the exemption under this section; or revoke the exemption. (sec.322AA-ssec.6) If the chief executive revokes the exemption under subsection (5) (c) , the chief executive must give the registrar of titles notice of the revocation. - (a) if the notice states a particular lease—the lessee under the lease; - (b) if the notice states a type of lease—each lessee under a lease of that type. - (a) impose additional conditions on the exemption; or - (b) amend or revoke a condition already imposed on the exemption under this section; or - (c) revoke the exemption.