301Review of certain decisions about concessional status of

301 Review of certain decisions about concessional status of (a) the lease was granted before 31 March 2008; and (b) the lease does not state in the lease that the lease is a concessional lease; and (c) the territory planning authority made a decision that the lease is concessional (the original decision), whether before or after 31 March 2008; and (d) the original decision is stated in a memorial to the lease.

(2) The lessee of the lease may apply to the territory planning authority for a review of the original decision. (3) The territory planning authority must decide the application if (a) there is additional relevant information about the concessional status of the lease; or (b) there is information to indicate that the authority made a formal error when it made the original decision. (4) If subsection (3) applies, the application is taken to be an application under section 298. (5) Also, if the territory planning authority is satisfied of the matters mentioned in subsection (3), it may on its own initiative, review the original decision in accordance with section 300.