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How will Perpetual Leases formerly affected by the moratorium be dealt with under the new legislation?

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How will Perpetual Leases formerly affected by the moratorium be dealt with under the new legislation?

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• Holders of those Perpetual Leases formerly affected by the moratorium can still apply to convert to freehold. • As with previous legislation, conversion of such Perpetual Leases will still require consultation with other government agencies eg State Forests, Department of Environment and Conservation (includes former NPWS), etc and may not result in approval to convert. • The current legislation still allows for land to be retained in public ownership for the protection of significant conservation or environmental values. • The Minister for Lands has the power under current legislation to place covenants on the land as part of the conversion process from Perpetual Lease to freehold to protect the land from subdivision without the Ministers consent and/or for the specific protection of environmental or other significant values. • A covenant is a legal obligation or restriction that is attached to the title of the land.

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