South Australian Consolidated Acts South Australian Consolidated Acts30—Provisions with respect to rent
(1) The annual rent of
a perpetual lease of a town allotment offered for sale by auction pursuant to
subsection (1) of section 28 shall be the amount of the annual rent
offered by the highest bidder at the sale, or, in the case of land occupied as
mentioned in subsection (2) of section 28, the annual rent fixed by
the Land Board, with the approval of the Minister, or, in the case of leases
sold under subsection (3) of section 28, the contract price.
(1a) The annual rent
of a perpetual lease of a town allotment offered for allotment pursuant to
subsection (4) of section 28 shall be the rent fixed pursuant to
that subsection.
(2) The said annual
rent shall be payable in full and in advance from the commencement of the
lease.