AUSTRALIAN CAPITAL TERRITORY

AMENDMENTS OF THE LEASES REGULATIONS

EXPLANATORY MEMORANDUM

No. 13 of 1955

These regulations –

(a)	bring the definition of “Returned Soldier” up to date,

(b)	provide that leases for grazing, fruit-growing, horticultural, dairying or agricultural purposes shall be for a period not exceeding fifty years and in other cases for a period not exceeding ninety-nine years,

(c)	omit the restriction on the value of land which may be held by one person, and

(d)	correct an error in regulation 9.