350Land management agreements

350 Land management agreements (1) This section applies to the following: (a) the grant of a rural lease; (b) the grant of a further rural lease; (c) the variation of a rural lease; (d) the approval of an assignment or transfer of a rural lease. (2) The territory planning authority may do the things mentioned in subsection (1) only if— (a) the person to whom the lease is to be granted, assigned or transferred, or the person whose lease is to be varied, has entered into an agreement with the Territory about managing the rural land described in the lease (a land management agreement); and

Exceptions for rural leases Division 10.8.2 (b) the agreement is signed by the conservator of flora and fauna and the person mentioned in paragraph (a). (3) A land management agreement may contain a provision allowing the agreement to be varied other than by agreement between the parties. (4) The conservator of flora and fauna may make guidelines setting out the requirements for land management agreements. (5) In preparing a guideline, the conservator of flora and fauna must consult the territory planning authority. (6) A guideline is a notifiable instrument.