Section 11: Grant of lease by public auction
consolidated text (as at 2014, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
11. Grant of lease by public auction
(1) Where it is intended to grant a lease of Pas Géométriques by public
auction, notice shall be given in the Gazette and 2 daily newspapers 2 weeks
at least before the day fixed for the auction.
(2) It shall be distinctly stated in the notice whether there are on the land
intended to be leased buildings belonging to the Government and, if so,
whether the buildings are to be leased with the land.
(3) Subject to subsection (4), the lease shall be adjudged at the auction
to the highest bidder.
(4) The Minister may withdraw the lease of the land from the auction if
the highest bid is, in his opinion, below the actual rental value of the land.
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