275Payment for adjoining concessional leases

275 Payment for adjoining concessional leases (1) This section applies to the grant of a lease (a new lease) under section 263 (1) (d) if— (a) the new lease adjoins another lease (an adjoining lease) granted to the person; and (b) the adjoining lease is a concessional lease. (2) The territory planning authority may grant the new lease on payment of an amount worked out in the way the amount payable for the adjoining lease was worked out. (3) If the amount payable for the adjoining lease was worked out under a repealed Act, the repealed Act applies to working out the amount payable for the new lease as if the repealed Act had not been repealed. repealed Act means— (a) the Land (Planning and Environment) Act 1991 (repealed); or (b) the Planning and Development Act 2007 (repealed).