14Effect of preservation on certain leases, subleases and licences

14 Effect of preservation on certain leases, subleases and licences

(1)  A lease or licence that is a preserved limitation or a preserved right is to be taken to be a lease or a licence, respectively, granted under the Crown Lands Act 1976 in accordance with section 21(1)(c) .

(2)  A sublease that is a preserved limitation or a preserved right is to be taken to be a lease granted under the Crown Lands Act 1976 in accordance with section 21(1)(c) .

(3)  On and from the day on which a licence becomes a preserved limitation or a preserved right, in relation to land within a corridor –

(a) the responsible manager in relation to the corridor –

(i) is to monitor operations under the licence; and

(ii) may direct the licence holder in relation to operations under the licence; and

(iii) is to inform the Minister of a significant failure to comply with the terms and conditions of the licence or a failure by the holder of the licence to comply with a direction under subparagraph (ii) ; and

(b) any money payable by the licence holder under the licence is to be paid to the responsible manager; and

(c) any money paid in accordance with paragraph (b) is to be taken for the purposes of this Act to be a fee paid to the responsible manager.