165Lease rentals

#### 165 Lease rentals 165 Lease rentals > > (1) The Minister is required to determine the rental of an aquaculture lease granted or renewed under this Division on the basis of the area of the lease. > > > (2) The Minister may redetermine the rental of an aquaculture lease at such periods, being not less than 1 year, as the Minister thinks fit. > > > (3) The amount paid in connection with an auction or a public tender for an aquaculture lease does not constitute the rental payable for the lease. > > > (4) The regulations may make provisions for or with respect to the rental for aquaculture leases. > > > (5) In particular, the regulations may prescribe a minimum rental for an aquaculture lease, either in respect of leases generally or leases of a particular class.