(1) Where a local
government exercises the power to lease in relation to any land that land does
not cease to be rateable land because of the exercise of that power.
(2) A lessee from a
local government is entitled, during the term of the lease, to possession of
the land as against persons who have an estate or interest in the land, but
this subsection does not affect —
(a) the
rights of the local government under the lease; or
(b)
easements in favour of the public which affect the land; or
(c) the
rights of the Crown in right of the State or Commonwealth or a department,
agency, or instrumentality of the Crown in right of the State or Commonwealth.
(3) The exercise by a
local government of a power to lease any land does not prejudice or affect the
recovery of rates or taxes if any, due to the Crown in right of the State or
Commonwealth, or a department or agency of the Crown in right of the State or
Commonwealth.