| They will be privately owned, with leasehold tenure and ground rent for the land. |
| What happened, your Honours, is that timber from approximately three-quarters of the leasehold itself was logged by licensed timber operators. |
| I understand it is the same in relation to freehold and leasehold, that you can be convicted of trespass. |
| The proposed sale did not go ahead and he did not investigate the extent of the freehold and leasehold titles further. |
| For instance, a 10-year leasehold interest may not be like-kind with an 18-year leasehold interest. |
| Similarly, there is no reduction in the value of the property because it is a leasehold rather than a freehold. |
