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Planning Act 2023
259Meaning of market value lease—Act
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259 Meaning of market value lease—Act market value lease— (a) means a lease other than a concessional lease or a lease that is possibly concessional; and (b) includes a lease mentioned in schedule 2, part 2.2. Note A lease is taken to be a market value lease if, after an application under s 298, the territory planning authority is not satisfied it is a concessional lease (see s 299 (3) (b) and s 300 (4) (b)).