Land Regulation 2020
sec.50When instalments are payable
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sec.50 When instalments are payable
An instalment for a pre-Wolfe freeholding lease mentioned in schedule 6 of the Act , definition pre-Wolfe freeholding lease , paragraph (a) , (c) , (d) or (e) must be paid on or before 31 March in each calendar year for which the instalment is payable. An instalment for a pre-Wolfe freeholding lease mentioned in schedule 6 of the Act , definition pre-Wolfe freeholding lease , paragraph (b) — must be paid on or before each quarter day that is an anniversary of the day on which the lease started; and is payable for the year ending on the day immediately before the quarter day. An instalment for a mining titles freeholding lease must be paid on or before 31 December in each year for the calendar year beginning on the next 1 January. An instalment for a freeholding lease, other than a lease mentioned in subsection (1) , (2) or (3) — must be paid on or before each anniversary of the day on which the lease started; and is payable for the year ending on the day immediately before the anniversary. This section applies subject to section 51 . (sec.50-ssec.1) An instalment for a pre-Wolfe freeholding lease mentioned in schedule 6 of the Act , definition pre-Wolfe freeholding lease , paragraph (a) , (c) , (d) or (e) must be paid on or before 31 March in each calendar year for which the instalment is payable. (sec.50-ssec.2) An instalment for a pre-Wolfe freeholding lease mentioned in schedule 6 of the Act , definition pre-Wolfe freeholding lease , paragraph (b) — must be paid on or before each quarter day that is an anniversary of the day on which the lease started; and is payable for the year ending on the day immediately before the quarter day. (sec.50-ssec.3) An instalment for a mining titles freeholding lease must be paid on or before 31 December in each year for the calendar year beginning on the next 1 January. (sec.50-ssec.4) An instalment for a freeholding lease, other than a lease mentioned in subsection (1) , (2) or (3) — must be paid on or before each anniversary of the day on which the lease started; and is payable for the year ending on the day immediately before the anniversary. (sec.50-ssec.5) This section applies subject to section 51 .
- (a) must be paid on or before each quarter day that is an anniversary of the day on which the lease started; and
- (b) is payable for the year ending on the day immediately before the quarter day.
- (a) must be paid on or before each anniversary of the day on which the lease started; and
- (b) is payable for the year ending on the day immediately before the anniversary.