12Grant of leases, easements, licences etc

12 Grant of leases, easements, licences etc

12 Grant of leases, easements, licences etc

(1) The Trust may, with the approval of the Minister, grant—

(a) leases of parts of the trust lands, or

(b) easements through, on or in the trust lands, or

(c) licences for the use of parts of the trust lands.

(2) The Trust may, with the approval of the Minister, impose restrictions on the use of, or impose positive covenants on, trust lands or other lands in accordance with section 88D or 88E of the Conveyancing Act 1919.

(3) A lease granted under subsection (1) (a) may not have a term that, together with the term of any further lease which may be granted on the exercise of an option contained in the lease, exceeds 10 years.

(4) In this section, easement includes an easement without a dominant tenement referred to in section 88A of the Conveyancing Act 1919.