Victorian Current Acts Victorian Current Acts(1) Sections 3 to 6 do not affect the status or continuity of any lease relating to the land specified in Schedule 1 or the land to which section 5 applies and existing immediately before the commencement of this section.
(2) A lease referred to in sub-section (1) has effect from the commencement of this section—
(a) as a lease between the Minister administering the Land Act 1958 as lessor and the lessee for the time being under the lease, as if it had been assigned to the Minister; and
(b) as if it referred to the Minister instead of the lessor.
(3) The issue of a Crown grant under section 7 of any land affected by a lease referred to in sub-section (1) and existing immediately before the date of issue of the Crown grant does not affect the status or continuity of the lease of that land and that lease has effect on and from the issue of the Crown grant as a lease between the City of Melbourne as lessor and the lessee for the time being under the lease, as if it had been assigned to the City of Melbourne.
(4) This section has effect despite anything to the contrary in any Act or law or in a Crown grant of the land.
(5) Nothing done by virtue of this section is to be regarded as placing any person in breach of, or as constituting a default under, any provision of a lease, including any provision prohibiting, restricting or regulating the assignment of the lease.