Definition of settlement lease in English:

settlement lease

noun

Australian
  • An agreement setting out the terms of tenure for a large area of agricultural land.

    ‘one condition of a settlement lease provided that the land be kept clear of prickly-pear’
    • ‘The terms of settlement leases have been extended to forty years.’
    • ‘This mixed wheat–sheep pattern suited the settlement leases encouraged by the Land Acts.’
    • ‘The area of a settlement lease was originally limited to 1280 acres for agricultural purposes.’
    • ‘Settlement leases gave to persons of small means easy access to land.’
    • ‘A settlement lease could be sublet if the consent of the Minister for Lands were obtained.’