sec.152Definitions for subdivision

### sec.152 Definitions for subdivision In this subdivision— breach , of a term of a lease, includes the happening of an event of default that under the terms of the lease gives the lessor a right to forfeit the lease. designated person , for a lease of land, means— a mortgagee or receiver of a lessee’s interest in the land; or a guarantor under the lease; or a sublessee under the lease; or a mortgagee or receiver of a sublessee’s interest in the land; or if the lease has been assigned—an assignor under the lease, or a guarantor of an assignor, who has not been released from liability under the lease. notice to remedy breach see section 153 (1) (a) . reasonable compensation , for a breach of a term of a lease, means an amount in payment of reasonable costs and expenses reasonably incurred by the lessor in— preparing and giving a notice to remedy breach in relation to the breach; or obtaining legal or other professional advice about the nature and extent of the breach; or doing any other reasonable thing in relation to the breach, including, for example, mitigating the loss or damage arising from the breach. - (a) a mortgagee or receiver of a lessee’s interest in the land; or - (b) a guarantor under the lease; or - (c) a sublessee under the lease; or - (d) a mortgagee or receiver of a sublessee’s interest in the land; or - (e) if the lease has been assigned—an assignor under the lease, or a guarantor of an assignor, who has not been released from liability under the lease. - (a) preparing and giving a notice to remedy breach in relation to the breach; or - (b) obtaining legal or other professional advice about the nature and extent of the breach; or - (c) doing any other reasonable thing in relation to the breach, including, for example, mitigating the loss or damage arising from the breach.