Alpine Resorts (Leasing) Regulations 1996
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Alpine Resorts (Leasing) Regulations 1996
S.R. No. 147/1996
TABLE OF PROVISIONS
Regulation Page
1. Objective 1
2. Authorising provisions 1
3. Revocation 1
4. Prescribed limits for terms of leases 1
5. Prescribed limits for the value of improvements 2
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NOTES 3
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1
STATUTORY RULES 1996
S.R. No. 147/1996
Alpine Resorts Act 1983
Alpine Resorts (Leasing) Regulations 1996
The Governor in Council, on the recommendation of the
Alpine Resorts Commission, makes the following
Regulations:
Dated: 10 December 1996
Responsible Minister:
MARIE TEHAN
Minister for Conservation and Land Management
A. WILTSHIRE
Acting Clerk of the Executive Council
1. Objective
The objective of these Regulations is to prescribe
limits for leases which may be granted or renewed
by the Alpine Resorts Commission.
2. Authorising provisions
These Regulations are made under sections 28(2)
and 42(1), (3) and (4) of the Alpine Resorts Act
1983.
3. Revocation
The Alpine Resorts (Leasing) Regulations 19851
are revoked.
4. Prescribed limits for terms of leases
For the purposes of section 28(2) of the Alpine
Resorts Act 1983, the prescribed limits in relation
to the terms of leases are—
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Alpine Resorts (Leasing) Regulations 1996
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(a) for leases—
(i) referred to in section 28(2)(a), a term
not exceeding 50 years; or
(ii) where the Commission certifies that a
longer term is justified under section
28(2)(a), a term not exceeding 99 years;
and
(b) for leases referred to in section 28(2)(b), a
term not exceeding 50 years; and
(c) for leases referred to in section 28(2)(c), a
term not exceeding 50 years.
5. Prescribed limits for the value of improvements
For the purposes of section 28(2) of the Alpine
Resorts Act 1983, the prescribed limits in relation
to the value of improvements to be erected are—
(a) for leases referred to in section 28(2)(a),
$10 million; and
(b) for leases referred to in section 28(2)(b),
$5 million; and
(c) for leases referred to in section 28(2)(c),
$5 million.
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S.R. No. 147/1996
Alpine Resorts (Leasing) Regulations 1996
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NOTES
1 S.R. No. 413/1985 as extended by S.R. No. 165/1995.
Notes
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