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Marine Parks Regulation 2017
sec.74Term and review of agreements
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### sec.74 Term and review of agreements
A commercial activity agreement must not be for a term longer than 15 years from the day the agreement starts.
The agreement may allow for the term of the agreement to be extended at any time, as long as the term of the agreement is not, at any time, longer than 15 years.
The agreement may also provide for—
a review of the agreement to be conducted at stated intervals; and
the matters to be considered at the review.
s 74 amd 2024 SL No. 25 s 22
(sec.74-ssec.1) A commercial activity agreement must not be for a term longer than 15 years from the day the agreement starts.
(sec.74-ssec.2) The agreement may allow for the term of the agreement to be extended at any time, as long as the term of the agreement is not, at any time, longer than 15 years.
(sec.74-ssec.3) The agreement may also provide for— a review of the agreement to be conducted at stated intervals; and the matters to be considered at the review.
- (a) a review of the agreement to be conducted at stated intervals; and
- (b) the matters to be considered at the review.