Rent during initial period
16 Rent during initial period
Subject to this Division, rent for a continued irrigation lease remains payable during the initial period in the same way and the same amounts as it was payable under the repealed irrigation Act under which it was granted.
For this purpose, any rent shown as payable in the records of the Department remains, until the contrary is proved, payable in the amounts and manner, and at the time, indicated in those records.
Section 12.12 (Interest on arrears) applies to rent in arrears during the initial period.
The following provisions apply during the initial period for a continued irrigation lease that was granted under the Hay Irrigation Act 1902—
the rent remains payable annually and in advance,
section 6.4 (Annual rent cannot generally be less than minimum rent) applies to the annual rent for a continued irrigation lease.
This clause does not limit the application of section 12.15 (Waiver, reduction, remission, postponement or rebate of certain amounts) to rents for continued irrigation leases.
This Act’s bill:Explanatory memorandumSecond reading speech
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