Theatre Royal Precinct Redevelopment Act 2016
54Sub-lease of Studio Theatre
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54 Sub-lease of Studio Theatre
(1) The Minister must, as soon as practicable after the Crown leases the Studio Theatre lot from the University, sub-lease the Studio Theatre lot to the Board.
(2) A sub-lease referred to in subsection (1) is to be on the terms and conditions determined by the Minister and specified in the sub-lease.
(3) The Minister may from time to time vary the sub-lease referred to in subsection (1) if the Minister is of the opinion that it is necessary or desirable to do so for the purposes of enabling or assisting the Board to perform its functions or obligations, or exercise its powers or rights, under this Act or the Theatre Royal Management Act 1986 .