18FA   Subdivision of leases

(1)  The holder of a lease under this Act may, with the Minister’s approval, subdivide land comprised in the lease.

(2)  An application for approval is to be made in the form approved by the Minister.

(3)  The applicant is required to meet all reasonable costs incurred in dealing with the application.

(4)  The Minister may, in the Minister’s absolute discretion, refuse the application or approve the subdivision either conditionally or unconditionally.

(5)  A condition of approval also has effect as a condition attaching to any lease resulting from the subdivision that is a lease to which the condition relates.

(6)  The Minister may make such consequential alterations to the conditions or purpose of the lease for a subdivided portion as the Minister considers necessary as a result of the subdivision.

(7)  The Minister may exclude from a subdivision any areas required for roads of access to the subdivided portions.

(8)  Excluded areas are, on approval being given to the subdivision, surrendered to the Crown free from any right to compensation.

(9)  The Minister may apportion rent or other money due to the Crown to the subdivided portions in such manner as the Minister considers appropriate.

(10)  The approval of the Minister for a subdivision does not affect the requirements of any other written law that apply to the subdivision.

(11)  This section applies to leases whether granted or issued before or after the commencement of this section.