Alpine Resorts (Leasing) Regulations 1996 (Vic)

Alpine Resorts (Leasing) Regulations 1996

S.R. No. 147/1996

TABLE OF PROVISIONS

Regulation Page

1.	Objective	1
2.	Authorising provisions	1
3.	Revocation	1
4.	Prescribed limits for terms of leases	1
5.	Prescribed limits for the value of improvements	2

i

STATUTORY RULES 1996

S.R. No. 147/1996

Alpine Resorts Act 1983

Alpine Resorts (Leasing) Regulations 1996

The Governor in Council, on the recommendation of the
Alpine Resorts Commission, makes the following
Regulations:
Dated: 10 December 1996

Responsible Minister:

MARIE TEHAN

Minister for Conservation and Land Management

A. WILTSHIRE

Acting Clerk of the Executive Council

1. Objective

The objective of these Regulations is to prescribe limits for leases which may be granted or renewed by the Alpine Resorts Commission.

2. Authorising provisions

These Regulations are made under sections 28(2) and 42(1), (3) and (4) of the Alpine Resorts Act 1983.

3. Revocation

The Alpine Resorts (Leasing) Regulations 19851 are revoked.

4. Prescribed limits for terms of leases

For the purposes of section 28(2) of the Alpine to the terms of leases are—

Alpine Resorts (Leasing) Regulations 1996

r. 5 S.R. No. 147/1996

(a) for leases—

(i) referred to in section 28(2)(a), a term

not exceeding 50 years; or

(ii)  where the Commission certifies that a longer term is justified under section 28(2)(a), a term not exceeding 99 years; and

(b) for leases referred to in section 28(2)(b), a

term not exceeding 50 years; and

(c) for leases referred to in section 28(2)(c), a term not exceeding 50 years.

5. Prescribed limits for the value of improvements

For the purposes of section 28(2) of the Alpine to the value of improvements to be erected are—

(a)	for leases referred to in section 28(2)(a), $10 million; and
(b)	for leases referred to in section 28(2)(b), $5 million; and
(c)	for leases referred to in section 28(2)(c), $5 million.

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Alpine Resorts (Leasing) Regulations 1996

S.R. No. 147/1996 Notes