Rent during initial period
8 Rent during initial period
Clause applies only during initial period This clause applies to rent for a continued tenure only during the initial period.
Existing law continues to apply, with exceptions Subject to this Division, rent for a continued tenure remains payable in the same way and the same amounts as it was payable under the Crown Lands (Continued Tenures) Act 1989.
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.
Other provisions of continuing effect The rent remains payable in advance.
(Repealed)
If any rent, without the interest added, is payable in equal annual instalments over a period, the Secretary may vary the manner of payment so that the money, with the interest added, is payable in equal annual instalments over the same or a longer period.
The rent for a lease in a former special land district remains payable in advance on each 1 July.
Payment of the rent for a lease in a former special land district for the first period in advance after the commencement of clause 3 of Schedule 5 to the Crown Lands (Continued Tenures) Act 1989 continues to be deferred (free of interest). However, it becomes payable on the granting of an application to purchase the land comprised in the lease.
Minimum annual rent and waiver etc Section 6.4 (Annual rent cannot generally be less than minimum rent) applies to the annual rent for a continued tenure.
This clause does not limit the application of section 12.15 (Waiver, reduction, remission, postponement or rebate of certain amounts) to rents for continued tenures.
Definitions In this clause—
Department, in relation to a lease in a former special land district, includes—
the Water Administration Ministerial Corporation, and
the Minister.
rent includes any amount payable for a lease.
This Act’s bill:Explanatory memorandumSecond reading speech
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