Part 2Common marine and coastal area
Reclaimed land
40Application for renewal of interests less than freehold
The holder of a lesser interest vested under section 39(1) may apply to the Minister, not later than 3 months before the expiry of the existing interest, for a renewal of the interest in the same, or part of the same, reclaimed land.
If an application is made under subsection (1), the holder may continue to operate under the existing interest until the application is determined.
The holder of a lesser interest in reclaimed land may apply to the Minister for the vesting of a freehold interest in that land.
In determining an application under this section, the Minister must take into account the matters specified in section 36(2), so far as those matters are relevant to the application.
This section also applies to a lesser interest vested in a person under section 355 or 355AA of the Resource Management Act 1991 (as in force before the commencement of this Act) in land that has become reclaimed land subject to this subpart.


