Queensland Consolidated Regulations

GREENHOUSE GAS STORAGE REGULATION 2021 - REG 30

30 Annual rent

(1) For sections 86 (1) , 168 (1) and 243 (1) of the Act , the annual rent payable for a GHG authority is stated in schedule 1 .

(2) If the period to which the annual rent relates is less than a year, a pro-rata amount of the rent is payable for the year.

(3) If the annual rent for a GHG authority is paid for a year and the authority ends during the year, the proportion of the annual rent for the remainder of the year may be refunded.