38BTransitional—leases and licences granted before plans take effect

#### 38B Transitional—leases and licences granted before plans take effect (1) This section applies to leases and licences granted under section 38A before a plan takes effect for an area. (2) A lease or licence for a fixed term over an area of Trust land: (a) must not be for a term of more than 12 months; and (b) must expire within 18 months after the vesting of the land in the Trust. (3) A period under a lease for a periodic tenancy: (a) must not extend for more than one month; and (b) must not begin after a plan takes effect for any of the area over which the lease is granted. (4) A licence that is not for a fixed term must be revoked before a plan takes effect for any of the area over which the licence is granted. (5) If a lease or fixed‑term licence is in force for an area when a plan takes effect, then the plan takes effect except to the extent that it interferes with the operation of the lease or licence in that area. (6) A lease or licence that contravenes this section or subsection 38A(2) or (3) is void.