227Rent payable in relation to Crown land

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227 Rent payable in relation to Crown land

(1) This section applies if a greenhouse gas sequestration operation being conducted under an authority involves the ongoing occupancy of Crown land.

(2) The holder of the authority is liable to pay to the Minister rent for the occupancy of that land.

(3) The amount of rent payable is to be that specified by the Minister in the authority, or if no rent is specified in the authority, the amount required by the regulations.

Division 5—Obligations at end of authority

Section 227 - Greenhouse Gas Geological Sequestration Act 2008 - Rent payable in relation to Crown land | Zoe