(1) Without limiting section 206E(3), if a site tenant has signed a site agreement and given the agreement to the site owner and the site owner has not signed it, the agreement has the same effect as if it were signed by the site owner, if the site owner—
(a) accepts rent without reservation; or
(b) otherwise acted in part performance of the site agreement.
(2) A site agreement under subsection (1) takes effect—
(a) from the day on which rent was accepted, if the site owner has accepted rent without reservation; or
(b) if the site owner has otherwise acted in part performance of the site agreement, from the day on which the act was performed.
(3) Section 53 of the Property Law Act 1958 does not prevent a site agreement from having effect under this section.
S. 206F inserted by No. 67/2010 s. 10.