Section 20
Consolidated annual charge
of Land (Group Settlement Areas) Act 1960
The Director, with the approval of the State Authority, may, in respect of the occupation of a rural holding in expectation of title in place of premium, rent, survey and other fees fixed in accordance with the provisions of subsection 13(1), impose a consolidated annual charge for such period and payable as from such date as may be specified.
Land (Group Settlement Areas)
(2)
In determining the amount of such consolidated annual charge there may be taken into account any moneys paid to any holder the cost of any service, material or equipment supplied to the holder together with such charges in respect of interest as may be approved by the State Authority.
(3)
Upon the expiry of the period specified in subsection (1), there shall be imposed in respect of the occupation mentioned in that subsection such rent as the State Authority may determine;
and any rent so imposed shall not be greater in amount than that portion of the consolidated annual charge as is due to the State.
(4)
So long as any such consolidated annual charge is payable in respect of any holding such holding shall remain State land.