Victorian Current Acts Victorian Current Acts(1) The Governor in Council may grant a further lease or leases of any part of the land described in Crown lease Volume 1205 Folio 019 to VRC Limited for a term not exceeding 99 years.
(2) A lease granted under this section may contain options for the lessee to renew the lease for a further term or terms.
(3) If the lease contains options for renewal of the lease by the lessee, the aggregate of the original term and the further term or terms must not exceed 99 years.