Land Leases (Amendment) Act, 2007 (No. 5 of 2007). Country/Territory Vanuatu Document type Legislation Date 2007 Source FAO, FAOLEX Original source Vanuatu Sessional Legislation 2007. Long titleAn Act to amend the Land Leases Act [CAP 163]. Subject Land & soil Keyword Lease Public land Liability/compensation Geographical area Asia and the Pacific, Least Developed Countries, Melanesia, Oceania, Small Island Developing States, South Pacific Abstract This Act amends the Land Leases Act [CAP 163] in relation with a premium to be paid by the lessee or the registered proprietor to the lessor prior to the issue of a new lease. This premium shall be based on the full rental value of the unimproved value of the land as determined by the Minister from time to time and the contract rent as agreed to by the lessor and the lessee. The Act also concerns the review of full rental value by the Minister and compensation of a proprietor to a lessor in case of sale of a registered lease. Full text English Website www.paclii.org References - Legislation Amends Land Leases Act (Cap. 163). Legislation | Vanuatu | 1984 (2006) Keyword: Land reform, Land tenure, Lease, Cadastre/land registration, Survey/mapping, Institution, Servitude, Common property Source: FAO, FAOLEX