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Leases and licences by the Minister.
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3.—(1) If in the opinion of the Minister it is in the public interest that any land to which this Act applies should be granted by way of lease or licence to any person, the Minister may under and in accordance with this Act by deed under his official seal either—
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(a) demise such land to such person by way of lease for such term not exceeding ninety-nine years as the Minister shall think proper, or
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(b) grant to such person a licence to use and occupy such land for such term not exceeding ninety-nine years as the Minister shall think proper.
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(2) Every lease or licence made or granted under this section shall (unless the Minister is of opinion that such lease or licence should in the public interest be made or granted free of any payment) be made or granted subject to the payment to the Minister of such moneys, whether by way of fine or other preliminary payment or by way of rent or by both such ways, as the Minister shall think proper and shall agree upon with the person to whom such lease or licence is made or granted.
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(3) Every such lease or licence as aforesaid shall be made or granted subject to and shall contain such covenants, conditions, and agreements (other than for the renewal of the lease or licence) as the Minister shall consider proper or desirable in the public interest or otherwise and shall agree upon with the person to whom such lease or licence is made or granted.
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(4) No lease or licence made or granted under this section shall relate or extend to or include any mines or minerals.
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