New South Wales Consolidated Acts

WESTERN LANDS ACT 1901 - SECT 25

25 Assessment of annual rent

(1) As soon as practicable after 1 April in each year, the Commissioner must cause an assessment to be made of the annual rent payable for each rural holding for the financial year commencing next 1 July.

(2) In making such an assessment, the Commissioner is to have regard to the circumstances of each rural holding as at 1 April in that year.

(3) The Commissioner must cause written notice of the assessment for each rural holding to be served on the owner of the holding as soon as practicable after the assessment is made.

(4) For the purposes of section 36C, the due date for payment of the annual rent for a rural holding is 1 July of the financial year for which the rent is payable.