Australian Capital Territory Numbered Acts

BUILDING (LOOSE-FILL ASBESTOS ERADICATION) LEGISLATION AMENDMENT ACT 2015 (NO. 42 OF 2015) - SECT 44

substitute

    eligible former owner means—

        (a)     a person who—

              (i)     was the lessee of an affected lease or eligible impacted lease; and

              (ii)     for a lessee of an affected lease—

    (A)     surrendered the affected lease to the Territory under the LAIE buyback program; and

    (B)     in the deed to surrender the affected lease elected to receive a first right of refusal to purchase a new lease of the land; and

              (iii)     for a lessee of an eligible impacted lease—

    (A)     sold the lease to the Territory under the eligible impacted property buyback program; and

    (B)     in the contract for the sale of the eligible impacted lease elected to receive a first right of refusal to purchase a new lease of the land; or

        (b)     if the person mentioned in paragraph (a) dies—a person who would have obtained an interest in the affected lease or eligible impacted lease if the lease had not been surrendered or sold; or

        (c)     if the person mentioned in paragraph (a) is a party to a divorce or the ending of a civil partnership or civil union—a person who would have obtained an interest in the affected lease or eligible impacted lease under a court order if the lease had not been surrendered or sold.

Note     LAIE buyback program —see s 213.