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LAND ACT 1994 - SECT 333
General authority to lessee for particular dealings
333 General authority to lessee for particular dealings
(1) If the Minister considers it appropriate, the Minister may issue to the
lessee of a lease issued under this Act an authority to agree to and as
appropriate give effect to 1 or more of the following without seeking the
Minister’s approval— (a) subleasing of the lease;
(b) transferring a
sublease of the lease;
(c) amending a sublease of the lease;
(d) creating an
easement that burdens or benefits a sublease of the lease;
(e) transferring a
public utility easement that burdens a sublease of the lease;
(f) amending an
easement that burdens or benefits a sublease of the lease.
(2) The authority
applies only to the lease identified, and to the lessee named, in the
authority.
(3) In acting under the authority, the lessee must comply with any
requirements prescribed under a regulation for this section.
(4) The
authority may include the conditions the Minister considers appropriate, and
may be withdrawn at any time.
(5) The authority is cancelled immediately
either of the following dealings are registered in the leasehold land
register— (a) the transfer of the lease;
(b) a transmission of the
lessee’s interest in the lease under a law about bankruptcy.
(6) For
subsection (1) (d) , (e) or (f) , a reference to a sublease of a lease must
not be taken to include a reference to a sub-sublease of a sublease of a
lease.
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