56Payment of rent

56 Payment of rent (1) The Minister must, as soon as practicable after declaring the pastoral lease rent factor under section 55 (or, if a rent factor is not declared for a financial year, as soon as practicable after the previous 30 June) send by post to each pastoral lessee a notice showing: (a) the amount of rent due in respect of the financial year; and (b) the amount payable in respect of each quarter of the financial year, and the date that amount becomes payable; and (c) such other information as is prescribed. (2) Subject to section 58, a pastoral lessee must pay the rent due and payable in respect of a quarter within 30 days after the payment date specified in the notice under subsection (1) for that quarter.