Leases Act 1958 (ACT)

AUSTRALIAN CAPITAL TERRITORY.

No. 9 of 1958.

AN ORDINANCE

To amend the Leases Ordinance 1918-1955.

I THE GOVERNOR-GENERAL in and over the Common-, wealth of Australia, acting with the advice of the Federal	Executive Council, hereby make the following Ordinance under
the Seat of Government {Administration) Act 1910-1955.

Dated this eighth day of May, 1958.

W. J. SLIM

Governor-General.

By His Excellency's Command,

ALLEN FAIRHALL

Minister of State for the Interior.

LEASES ORDINANCE 1958.

1.—(1.) This Ordinance may be cited as the Leases Short title md
citation-

Ordinance 1958.*

(2.) The Leases Ordinance 1918-1955f is in this Ordinance

referred to as the Principal Ordinance.

(3.) The Principal Ordinance, as amended by this

5456/57.—PRICE 3D.

Ordinance, may be cited as the Leases Ordinance 1918-1958.

2. Section four of the Principal Ordinance is amended by Persons to

inserting after the words "Subject t o " the words " this $£££&,

Ordinance and ". S ^ ^ S S * .

3. After section four of the Principal Ordinance the

following section is inserted:—

assignment of, a lease for rural purposes to a person if, as ai«iMd!aybe " 4AA.—(1.) The Minister shall not grant, or consent to the Value of land

result of the grant or assignment of that lease, that person would hold a lease or leases for rural purposes the value of which would exceed Thirty-five thousand pounds.

* Notified in the Commonwealth Gazette on 15th May, 1958.

t Ordinance No. 2, 1918, as amended by Ordinance No. 7, 1919; No. 4, 1925; No. 12,

1926; No. 10, 1927; Nos. 15 and 27, 1933; No. 29, 1936; No. 27, 1937; and No. 10, 1955.

" (2.) For the purposes of this section—

' value', in relation to a lease, means the value, deter- mined by the Minister for the purposes of this sec- tion, of the lease at the date of the grant of the lease, without regard to the value of fixtures or erections on, or improvements made to, the land comprised in the lease;

' rural purposes' means one or more of the following purposes, being purposes that the Minister has, under section four of this Ordinance, determined to be purposes for which a lease may be granted:—

(a) grazing;
(b) fruitgrowing;
(c) horticulture;
(d) dairying;

(e) agriculture.".

ft\ Authority: A. J. ARTHUR, Commonwealth Government Printer, Canberra.