Payment of annual rental fee and administrative levy by existing authorisation holder
141 Payment of annual rental fee and administrative levy by existing authorisation holder
The requirements of Part 14A with respect to payment of an annual rental fee or administrative levy extend to an authorisation granted before 1 July 2012 that is in force on 1 July 2012 (an existing authorisation).
Accordingly—
for an existing authorisation (other than exempt authorisations), liability for an annual rental fee arises on each grant anniversary date that occurs on or after 1 July 2012, and
for an existing authorisation (other than a small-scale title), liability for an annual administrative levy arises on each grant anniversary date that occurs on or after 1 July 2012, and
for an existing authorisation that is a mineral claim, liability for a term administrative levy arises on the renewal of the mineral claim.
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