AUSTRALIAN CAPITAL TERRITORY

LEASES ORDINANCE 1955

EXPLANATORY MEMORANDUM

No. 10 of 1955

	The purpose of this amendment is to remove the limitation that the maximum period of a lease granted under this Ordinance should be twenty-five years.  It is proposed to make regulations prescribing a maximum period of fity years for leases for grazing, fruit‑growing, horticultural agricultural or dairying purposes and ninety‑nine years for leases for other purposes.

	The opportunity has been taken to eliminate out‑of‑date or unnecessary references to officers of the Department of the Interior.