292JLiability for term administrative levy (small-scale titles)

292J Liability for term administrative levy (small-scale titles)

292J Liability for term administrative levy (small-scale titles)

(1) The administrative levy payable under this Part for a small-scale title is a term administrative levy.

(2) Liability for a term administrative levy arises on the grant of a small-scale title and, in the case of a mineral claim, on renewal of the mineral claim.

(3) A term administrative levy must be paid, in advance, before a small-scale title is granted and, in the case of a mineral claim, before the claim is renewed.

(4) A small-scale title for which a term administrative levy is payable must not be granted or renewed until the term administrative levy is paid.

(5) In subsection (4), a reference to the granting of a small-scale title includes a reference to the taking of any action under this Act as a result of which a small-scale title is taken to have been granted under this Act.

s 292J: Ins 2012 No 46, Sch 5.2 [40].