9. In leasing or conveying land bank property, unless the property is part of an area in need of redevelopment, a redevelopment entity shall not be subject to the provisions of section 9 of P.L.1992, c.79 (C. 40A:12A-9), but shall be subject to any terms and conditions set forth in the land banking agreement.

L.2019, c.159, s.9.