QLDIn ForceAct
Geothermal Energy Act 2010
sec.131Civil penalty for nonpayment of annual rent
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### sec.131 Civil penalty for nonpayment of annual rent
If a geothermal tenure holder does not pay the annual rent as required under section 130 , the holder must also pay the State a civil penalty.
The amount of the penalty is the greater of the following—
$1000;
15% of the rent.
The penalty—
must be paid on the day after the last day for payment of the rent; and
is still payable even if the holder later pays the rent.
See also section 372 (Interest on amounts owing to the State).
(sec.131-ssec.1) If a geothermal tenure holder does not pay the annual rent as required under section 130 , the holder must also pay the State a civil penalty.
(sec.131-ssec.2) The amount of the penalty is the greater of the following— $1000; 15% of the rent.
(sec.131-ssec.3) The penalty— must be paid on the day after the last day for payment of the rent; and is still payable even if the holder later pays the rent. See also section 372 (Interest on amounts owing to the State).
- (a) $1000;
- (b) 15% of the rent.
- (a) must be paid on the day after the last day for payment of the rent; and
- (b) is still payable even if the holder later pays the rent.