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MELBOURNE (YARRA PARK) LAND ACT 1980 - SECT 20

Preservation of Punt Road Oval lease

    (1)     The amendment of this Act by the 2009 Act is not to be taken to affect the status or continuity of the lease over the land delineated and shown hatched on the plan in the Schedule and known as Punt Road Oval entered into by the Council with the Richmond Cricket Club, ABN 96 550 695 944 on 1 January 1995 that is in force immediately before the commencement of that Act.

    (2)     The lease referred to in subsection (1) has effect on and from the commencement of the 2009 Act—

        (a)     as a lease between the Trust as lessor and the lessee for the time being under the lease, as if it had been assigned to the Trust; and

        (b)     as if the Trust were a party to the lease instead of the Council.

    (3)     Nothing in this section is to be taken as having the effect of transferring or assigning to the Trust any right, liability or obligation under the Punt Road Oval lease, to the extent that the right, liability or obligation existed before the commencement of the 2009 Act or arises from events or circumstances that occurred or existed before that commencement.

S. 21 inserted by No. 89/2009 s. 8.



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