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Planning Act 2023
324Lease to be varied to pay out rent
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324 Lease to be varied to pay out rent (1) This section applies if the territory planning authority decides to vary a lease under section 321 to reduce the rent payable to a nominal rent. (2) The territory planning authority must vary the lease in accordance with the decision. (3) The lease as varied must provide that the lessee is to pay a nominal rent if and when that rent is demanded.