304Non-concessional status of leases

304 Non-concessional status of leases (a) the lease includes a statement, in the lease or a memorial to the lease, to the effect that the lease is a market value lease; or (b) the territory planning authority has lodged a notice that the lease is a market value lease with the registrar-general for registration 1 a condition of the lease or a notation or stamp on the lease that it is a market value lease 2 a statement that the lease is not concessional (2) A person may rely on the statement and deal with the lease as a market value lease. (3) The territory planning authority must not make a decision that would change the lease’s status as a market value lease. (4) This section is subject to an order of a court or tribunal.