101Rent

### 101 Rent > > (1)  A lessee must pay an annual rent to the Crown in respect of a lease at a prescribed rate. > > > (2)  [Subsection (1)](#GS101@Gs1@EN) does not apply to a lessee who is the owner of land and minerals to which the lease relates. > > > (3)  [*\[Section 101 Subsection (3) inserted by No. 74 of 2001, s. 25, Applied:30 Oct 2001\]*](/view/html/inforce/2001-10-30/act-2001-074#GS25@EN) Annual rent falls due on 1 July each year. > > > (4)  [*\[Section 101 Subsection (4) amended by No. 24 of 2013, s. 97, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS97@EN) [*\[Section 101 Subsection (4) inserted by No. 74 of 2001, s. 25, Applied:30 Oct 2001\]*](/view/html/inforce/2001-10-30/act-2001-074#GS25@EN) If the lessee fails to pay the annual rent by 1 January in the following year, or, if a day is prescribed for the purposes of this subsection, by that day, the Registrar is to cancel the lease and, by notice in writing, notify the lessee of the cancellation. > > > (5)  [*\[Section 101 Subsection (5) inserted by No. 74 of 2001, s. 25, Applied:30 Oct 2001\]*](/view/html/inforce/2001-10-30/act-2001-074#GS25@EN) A lessee may appeal to the Minister within 28 days after receipt of the notice of cancellation. > > > (6)  [*\[Section 101 Subsection (6) inserted by No. 74 of 2001, s. 25, Applied:30 Oct 2001\]*](/view/html/inforce/2001-10-30/act-2001-074#GS25@EN) The Minister may reinstate the lease if – > > > > > > (a) an appeal is made within the period specified in [subsection (5)](#GS101@Gs5@EN) ; and > > > > > > > (b) the Minister considers that reinstatement is warranted.