20ABLeases and licences with term of 35 years or more

#### 20AB Leases and licences with term of 35 years or more 20AB Leases and licences with term of 35 years or more > > (1) The Trust must not grant a lease or licence with a term of 35 years or more over Trust lands unless the requirements of this section are met. > > > (2) The Trust must prepare a draft written statement (a draft statement of reasons) that sets out how the proposed lease or licence is consistent with the objects of the Trust set out in section 7. > > > (3) The Trust must— > > > > > (a) make the draft statement of reasons publicly available for a period of at least 7 days, and > > > > > (b) ensure the draft statement of reasons is accompanied by an outline of the following— > > > > > > > (i) details of the lessee or licensee and the land the subject of the proposed lease or licence, > > > > > > > (ii) the period of the proposed lease or licence, > > > > > > > (iii) the uses of the land permitted by the proposed lease or licence, and > > > > > (c) invite the public to provide comments about the proposed lease or licence within 7 days after the draft statement of reasons is made publicly available. > > > (4) Without limiting subsection (3)(a), the Trust may make the draft statement of reasons publicly available by publishing the statement on— > > > > > (a) the Trust’s website, or > > > > > (b) a website used by the Department of Planning, Housing and Infrastructure. > > > (5) After considering any comments received under subsection (3)(c), the Trust must finalise the statement of reasons, including by providing in the statement an outline of— > > > > > (a) the consultation undertaken, and > > > > > (b) the comments, if any. > > > (6) The Trust must give the statement of reasons to the Minister when seeking the Minister’s approval under section 20(3A) for the lease or licence to which the statement relates. > > **s 20AB:** Ins 2024 No 86, Sch 1\[4\].