Australian Capital Territory Numbered Regulations

PLANNING AND DEVELOPMENT AMENDMENT REGULATION 2010 (NO 4) (NO 22 OF 2010) - REG 4

substitute    

    (1)     The discharge amount in relation to a dealing with a rural lease, other than a defined rural lease, is the amount worked out as follows:

Note     Deal with a lease—see the Act, s 234.

    (1A)     The discharge amount in relation to a dealing with a defined rural lease is the owed amount plus $10 for each year, or part of a year, of the remainder of the holding period for the lease.

Note     Holding period —see the Act, s 282.

    (1B)     This section does not apply to a dealing with a special Pialligo lease.