Australian Capital Territory Numbered Regulations

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PLANNING AND DEVELOPMENT REGULATION 2008 (NO 2 OF 2008) - REG 201

Matters for transfer or assignment of leases—Act, s 298 (5)

The following matters are prescribed:

        (a)     the proposed transferee's or assignee's financial ability to comply with the lease's building and development provision;

        (b)     the proposed transferee's or assignee's history of compliance with building and development provisions in relation to leases in which the proposed assignee or transferee have, or have had, an interest;

Note     Interest —see the Legislation Act, dictionary, part 1.

        (c)     the lessee's history of compliance with building and development provisions in relation to leases in which the lessee has, or has had, an interest;

        (d)     the time remaining for compliance with the lease's building and development provision when the application to the planning and land authority for its consent to the transfer or assignment of the lease is made;

        (e)     a written undertaking from the proposed transferee that the transferee will comply with the lease's building and development provision.

Part 5.8     Surrendering and terminating leases



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