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](/view/html/inforce/2026-04-12/act-1976-028) in accordance with [section 21(1)(c)](#GS21@Gs1@Hpc@EN) . > > > (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](/view/html/inforce/2026-04-12/act-1976-028) in accordance with [section 21(1)(c)](#GS21@Gs1@Hpc@EN) . > > > (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)](#GS14@Gs3@Hpa@Hqii@EN) ; 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)](#GS14@Gs3@Hpb@EN) is to be taken for the purposes of this Act to be a fee paid to the responsible manager.