Australian Capital Territory Numbered Regulations

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PLANNING AND DEVELOPMENT AMENDMENT REGULATION 2010 (NO 4) (NO 22 OF 2010) - REG 7

Section 191 (2), definition of owed amount

substitute

"owed amount", in relation to a dealing with a lease, means—

        (a)     for a lease for a term shorter than 21 years—any rent plus interest payable under the lease on the day of the dealing with the lease; or

        (b)     for a lease for a term of 21 years or longer—any amount remaining to be paid under the lease, even if the amount is not yet owing.



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