53Power to submit certain leases licences or permits to auction or tender

53 Power to submit certain leases licences or permits to auction or tender S. 53(1) amended by Nos 6976 s. 11(a), 41/1987 s. 103(Sch. 4 item 24.57), 76/1998 s. 10(1)(n)(i), 19/2018 s. 117. (1) Before any lease under section 51 or any licence or permit under section 52 is granted, the right to such lease, if the land manager so recommends, or (as the case may be) the right to such licence or permit may be offered, subject to the regulations, for sale by auction or by tender and the rental of the said lease and the royalties dues or charges payable with respect to forest produce by the holder of the said lease licence or permit shall in that case be fixed thereby. S. 53(2) amended by Nos 6976 s. 11(b), 41/1987 s. 103(Sch. 4 item 24.57), 76/1998 s. 10(1)(n)(ii). (2) For the purposes of this Act royalty on timber may be assessed, as the Secretary considers appropriate, on timber standing or in the log or on the quantity of merchantable timber produced after conversion from the log. (3) The contents of timber cut for milling purposes and measured in the log shall be calculated on the quarter girth system or such other system as is prescribed. No. 6073 s. 54. S. 54 amended by Nos 41/1987 s. 103(Sch. 4 item 24.58), 76/1998