94HLiability for annual rental fee

#### 94H Liability for annual rental fee 94H Liability for annual rental fee > > (1) Liability for an annual rental fee arises on the grant of a petroleum title and on each grant anniversary date that occurs during the term of the petroleum title. > > > (2) An annual rental fee for which liability arises on the grant of a petroleum title must be paid, in advance, before the title is granted. > > > (3) A petroleum title for which an annual rental fee is payable must not be granted until the first annual rental fee is paid. > > > (4) An annual rental fee for which liability arises on a grant anniversary date must be paid within the period (of not less than 7 days) specified by the Secretary by notice in writing served on a person liable. > > **pt 7A, divs 3–5 (ss 94E–94M):** Ins 2012 No 46, Sch 6.1 \[12\].