Parliamentary Precincts Act 1997
9Leases and licences
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9 Leases and licences
9 Leases and licences
(1) The Corporation may grant leases and licences in respect of any part of the Parliamentary precincts to be used for commercial or other purposes.
(2) Leases and licences are to be on such terms and conditions, and subject to payment of such consideration, as the Corporation thinks fit.
(3) Except as prescribed by the regulations, no lease granted by the Corporation may have a term that, together with the term of any further lease that may be granted pursuant to an option contained in the lease, exceeds 8 years.
(4) This section has effect despite any other law relating to leases and licences.