Section 1:
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
1. Where the land is situated outside the zone referred to in section 6 (1C) (b) (i),
the annual rental shall be calculated—
(a) in the case of existing lessees at the commencement of section 6
(1C), at the rate of 3 per cent of the market value of the land; or
S34 – 12 (5) [Issue 10]
State Lands Act
(b) in the case of new lessees, at the rate of 4 per cent of the market
value of the land; and
(c) after taking into account the reduction and adjustment referred to in
paragraphs 2, 3, 4 and 5 of Part II.