New South Wales Consolidated Acts New South Wales Consolidated ActsBase rent referred to in section 20 (1) is to be calculated for a rural holding as follows:
"S" represents the scaling factor for the financial year to which the rent relates.
"A1" represents 1,000 hectares or (for a rural holding of less than 1,000 hectares) the number of hectares in the holding, and "k1" represents an amount of money per hectare prescribed by the regulations for the first 1,000 hectares of a rural holding.
"A2" represents 4,000 hectares or (for a rural holding of less than 5,000 hectares) the number of hectares in the holding in excess of 1,000, and "k2" represents an amount of money per hectare prescribed by the regulations for the second to the fifth 1,000 hectares (inclusive) of a rural holding.
"A3" represents 5,000 hectares or (for a rural holding of less than 10,000 hectares) the number of hectares in the holding in excess of 5,000, and "k3" represents an amount of money per hectare prescribed by the regulations for the sixth to the tenth 1,000 hectares (inclusive) of a rural holding.
"A4" represents 10,000 hectares or (for a rural holding of less than 20,000 hectares) the number of hectares in the holding in excess of 10,000, and "k4" represents an amount of money per hectare prescribed by the regulations for the eleventh to the twentieth 1,000 hectares (inclusive) of a rural holding.
"A5" represents 10,000 hectares or (for a rural holding of less than 30,000 hectares) the number of hectares in the holding in excess of 20,000, and "k5" represents an amount of money per hectare prescribed by the regulations for the twenty-first to the thirtieth 1,000 hectares (inclusive) of a rural holding.
"A6" represents 20,000 hectares or (for a rural holding of less than 50,000 hectares) the number of hectares in the holding in excess of 30,000, and "k6" represents an amount of money per hectare prescribed by the regulations for the thirty-first to the fiftieth 1,000 hectares (inclusive) of a rural holding.
"A7" represents the number of hectares in a rural holding in excess of 50,000, and "k7" represents an amount of money per hectare prescribed by the regulations for each hectare in the holding after the fifty-thousandth.
