Northern Territory Consolidated Acts

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PASTORAL LAND ACT 1992 - SECT 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.



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