Annual Fees and Rents
(a) The following annual fees shall be payable by the holder of a prospecting licence in respect of each such licence held by him:
(i) For the first 200 hectares or part thereof - $38.35 for each 40 hectares or part thereof;
(ii) For each additional 40 hectares or part thereof in excess of 200 hectares - $19.15.
Provided that in the case of a prospecting licence granted or extended for a period not exceeding 6 months, half only of the above-mentioned annual fees shall be payable.
(b) The following annual rents shall be payable
(i) by the holder of a permit to mine or mining lease , in respect of each such permit or lease held by him - $191.65 per hectare or part thereof
Provided that the minimum annual rent payable in respect of each such permit or lease shall be $638.90
(ii) By holder of a special site right or road access licence in respect of each such right or licence held by him - $638.90
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