Queensland Numbered Acts

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GEOTHERMAL ENERGY ACT 2010 No. 31 - SECT 131

131 Civil penalty for nonpayment of annual rent

(1) If a geothermal tenure holder does not pay the annual rent as required under section 130, the holder must also pay the State a civil penalty.

(2) The amount of the penalty is the greater of the following--

(a) $1000;
(b) 15% of the rent.

(3) The penalty--

(a) must be paid on the day after the last day for payment of the rent; and
(b) is still payable even if the holder later pays the rent.
Note--
See also section 372 (Interest on amounts owing to the State).


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