Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) The Minister may, not earlier than 10 years after the granting of a pastoral lease and not earlier than 10 years after he or she last reviewed the reservations in, or the conditions or provisions of, the lease, or at any time when the term of the lease is extended in pursuance of section 49, review the reservations in, or conditions or provisions of, the lease and, subject to subsection (2), vary those reservations, conditions or provisions as the Minister thinks fit.
(2) The Minister shall not, under subsection (1), vary a reservation, condition or provision of a lease unless the Minister has given to the lessee not less than 60 days notice of the Minister's intention to do so and has considered the submissions relating to the proposed variations, if any, made by the lessee within that time.