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Moffat Tunnel – leased to Union Pacific Railroad by the state of Colorado under a 99-year lease until 2025. [5] A lease extension of 25 years was agreed to after the initial 99 years expired. [6] [7] Ontario Highway 407 Express Toll Route – leased to private company by the Ontario provincial government under Premier Mike Harris for C$3.1 ...
The FLA fishpond land lease system of 25 years renewable to 50 years was preserved in the Fisheries Code of 1998. [16] Aquaculture expansion began receiving significant financial support from the government and multilateral organizations in the 1990s, as wild fish stocks decreased. [9]: 11
A later amendment in 1966 reduced the original 99-year term of the agreement to 25 years. [14] A renewal of the agreement in 1979 [ 15 ] allowed the U.S. to continue operating the bases until November 1991, [ 16 ] when the Philippine Senate rejected a bill for the renewal of U.S. bases in the Philippines.
A later amendment in 1966 reduced the original 99-year term of the agreement to 25 years. [15] A renewal of the agreement in 1979 [ 16 ] allowed the U.S. to continue operating Clark Air Base until November 1991, [ 17 ] when the Philippine Senate rejected a bill for the renewal of U.S. bases in the Philippines.
The Agricultural Land Reform Code, officially designated as Republic Act No. 3844, was an advancement of land reform in the Philippines that was enacted in 1963 under President Diosdado Macapagal. It abolished tenancy and established a leasehold system in which farmers paid fixed rentals to landlords, rather than a percentage of harvest.
A 1947 Military Bases Agreement [51] gave the United States a 99-year lease on a number of Philippine military and naval bases in which U.S. authorities had virtual territorial rights. [52] In August 1951, a mutual defense treaty (MDT) was signed between representatives of the Philippines and the United States. The overall accord contained ...
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Freeholding lease – after approval is granted, convert a lease to freehold, and the lessee pays the purchase price in installments. This is an interim tenure; freehold title is not issued until all purchase costs have been paid. All land in the Australian Capital Territory (ACT) is leasehold, issued with 99-year leases.