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RESIDENTIAL TENANCIES AND ROOMING ACCOMMODATION ACT 2008 - SECT 523
Non-application of Act to long-term leases for Pacific Mirage
(1) From the commencement day, this Act does not apply to a long-term lease
entered into in relation to premises within Pacific Mirage land even if the
lease is for, or for purposes that include, residential purposes.
(2) To
remove any doubt, it is declared that subsection (1) does not apply to a
sublease of a long-term lease mentioned in subsection (1) if the sublease is
not a long-term lease.
(3) This section applies to a long-term lease
mentioned in subsection (1) even if the lease was entered into before the
commencement day.
(4) In this section—
"commencement day" means the day this section commences.
"long-term lease" means a lease or sublease for a term, including renewal
options, of at least 99 years.
"Pacific Mirage" means Perpetual Suburban Lease No. 06/2508 N. C. L. Part A
situated in the County of Ward, Parish of Gilston, District of Brisbane,
described at Lot 286 on Plan Wd 6317, containing 7,796m 2 more or less.
"sublease" includes a sub-sublease and sub-sub-sublease.
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