Greenhouse Gas Storage Regulation 2021
sec.31When annual rent must be paid
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sec.31 When annual rent must be paid
For sections 86 (2) , 168 (2) and 243 (2) of the Act , the annual rent for a GHG authority must be paid on or before 31 August each year. However, on the grant of the authority, the annual rent must be paid within 20 business days after the authority takes effect. Subsection (2) does not apply on the grant of the authority if the Minister has already required payment of the annual rent. See the Act , sections 39 (1) , 96 (5) , 129 (1) and 235 (3) for when the Minister may have already required payment of annual rent for the authority. (sec.31-ssec.1) For sections 86 (2) , 168 (2) and 243 (2) of the Act , the annual rent for a GHG authority must be paid on or before 31 August each year. (sec.31-ssec.2) However, on the grant of the authority, the annual rent must be paid within 20 business days after the authority takes effect. (sec.31-ssec.3) Subsection (2) does not apply on the grant of the authority if the Minister has already required payment of the annual rent. See the Act , sections 39 (1) , 96 (5) , 129 (1) and 235 (3) for when the Minister may have already required payment of annual rent for the authority.