Western Australian Consolidated Acts (1) The Board may make
it a condition of a permit issued under Division 5 that the annual rent
payable for the lease is to be the sum of —
(a) a
rent in relation to that part of the land under the lease which is not
affected by the permit, determined by the Valuer-General; and
(b) a
rent in relation to that part of the land under the lease which is affected by
the permit, determined by the Valuer-General.
(2) The Valuer-General
must determine rents for the purposes of subsection (1)(a) in accordance
with section 123 as if the leases concerned applied only to the land not
affected by the permit.
(3) The Valuer-General
must determine a rent for the purposes of subsection (1)(b) at times
requested by the Minister.
(4) Determinations
under subsection (3) must be made in respect of each lease concerned at
intervals of not less than one year and not more than 5 years.
(5) A determination
under subsection (3) applies from the date on which the pastoral lessee
is notified of the determination.