New Zealand Acts

MAORI VESTED LANDS ADMINISTRATION ACT 1954 - SECT 21

21 Term of new lease

Every new lease shall be for a term of 21 years, and every such lease shall contain a provision that if the Māori Trustee does not, at least 1 year before the expiry of the lease, give notice to the lessee that the Māori Trustee intends to resume possession of the land, the lessee shall have the right to a renewal of the lease for successive terms of 21 years, subject to the right of the Māori Trustee to resume possession of the land at the end of the 15th year of each successive term of 21 years or at the end of each such successive term, after giving to the lessee not less than 1 year's notice of the Māori Trustee's intention so to resume possession and on payment to the lessee of the amount of the compensation to which he is then entitled in accordance with the provisions of this Act.

History: Section 21: amended, on 1 July 2009, pursuant to section 30(2)(a) of the Māori Trustee Amendment Act 2009 (2009 No 12).