68Application for consent to lease transaction

68 Application for consent to lease transaction (1) An application for consent to a lease transaction must be made in writing by the lessee or sublessee to the Minister. (2) Before deciding an application under subsection (1), the Minister may refer it to the Board for consideration and recommendation, and the Board must report to the Minister within 30 days after the referral is made. Note for subsection (2) Section 35(6) imposes a restriction on the Minister's power to refer an application to the Board. (3) The Minister must, after considering any recommendations of the Board, but subject to subsections (4) and (5) and section 35(6), by written notice to the lessee, consent or refuse to consent to the lease transaction. Pastoral Land Act 1992 47 (4) The Minister must not consent to a lease transaction that is the transfer of a lease until the following amounts have been paid in full: (a) all instalments of the purchase price for the grant of the lease; (b) all rent and other money due and payable to the Territory under the lease. (5) The Minister must not consent to a lease transaction that is a sublease unless it is a condition of the agreement that the land will be used only for: (a) pastoral purposes; or (b) the purposes of the Territory; or (c) a non-pastoral purpose for which a non-pastoral use permit has been granted under section 88 and which will remain valid for the duration of the sublease; or (d) a purpose prescribed by regulation. (6) If the Minister consents to a lease transaction, the applicant under subsection (1) must lodge with the Registrar-General the details of the lease transaction. (7) If the applicant does not lodge with the Registrar-General the details of the lease transaction, the Minister may lodge with the Registrar-General the details of the lease transaction. (8) The Minister may recover the cost of lodging the details under subsection (7) as a debt due and payable to the Territory by the applicant. (9) On lodgement of the details under subsection (6) or (7), the relation to the land and record the particulars in accordance with the Land Title Act 2000.