Part 3BConcessions
17YRents, fees, and royalties
It shall be a condition of the Minister's granting a concession under this Part that the person or body to whom the concession is granted—
- shall pay any specified rents, fees, and royalties to the Minister; and
- shall pay any other levy or charge made on an occupier or owner of land, as a result of the grant of a lease, licence, or easement, either to the Minister or as directed by the Minister.
The rent, fee, or royalty may be fixed at the market value, having regard to—
- any circumstances relating to the nature of the activity; and
- the effects of the activity on the purposes of the area affected; and
- any contractual conditions, covenants, or other encumbrances placed upon intrinsic resources, natural resources, or historic resources by the concession.
Rent, fees, and royalties for a concession shall be reviewed at intervals not exceeding 3 years.
Notes
- Section 17Y: inserted, on , by section 7(1) of the Conservation Amendment Act 1996 (1996 No 1).