Part 5Miscellaneous provisions
General provisions
115Transfers, subleases, and mortgages
Where a lease or licence includes a right to transfer, the lessee or licensee shall not transfer, sublease, mortgage, or otherwise dispose of his or her interest or any part thereof in the lease or licence without the consent of the administering body
.The administering body
shall at all times have power in the public interest and in itsdiscretion to refuse any application for consent whatsoever or to grant itsconsent subject to such conditions as it thinks fit.The administering body
shall not grant itsconsent to a transfer or sublease of a lease or licence issued under paragraph (b) or paragraph (c) of section 54(1) unless the transferee or sublessee is a voluntary organisation whose aims and objects are similar to those of the lessee or licensee.-
Repealed Nothing in the foregoing provisions of this section shall apply with respect to any lease over any government purpose reserve for railway purposes, and the appropriate provisions of the New Zealand Railways Corporation Act 1981 shall apply with respect to transfers, subleases, and mortgages of such leases.
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Repealed
Notes
- Section 115(1): amended, on , by section 18(1)(a) of the Reserves Amendment Act 1996 (1996 No 3).
- Section 115(2): amended, on , by section 18(1)(b) of the Reserves Amendment Act 1996 (1996 No 3).
- Section 115(3): amended, on , by section 18(1)(c) of the Reserves Amendment Act 1996 (1996 No 3).
- Section 115(4): repealed, on , by section 18(1)(d) of the Reserves Amendment Act 1996 (1996 No 3).
- Section 115(5): amended, on , pursuant to section 120(1) of the New Zealand Railways Corporation Act 1981 (1981 No 119).
- Section 115(6): repealed, on , by section 7 of the Reserves Amendment Act 2015 (2015 No 32).


