The Queensland Government has waived the requirement to pay rent on certain Crown leasehold land for the 1 April 2020 to 30 June 2020 and 1 July 2020 to 30 September 2020 quarters.
Category 11 leases issued for primary production, being most of the Crown leases held by Thynne + Macartney’s rural clients, fall within the scope of this relief.
No application is necessary to receive the waiver. It will be automatically applied by the Department of Natural Resources, Mines and Energy. For rents paid annually for the full 2019-20 financial year, the Government will process a refund for the portion related to the April to June quarter.
For more information, please contact Ari McCamley on (07) 3231 8878 or email amccamley@thymac.com.au.
This information is intended to provide a general summary only and should not be relied on as a substitute for legal advice.