Nunavut Mining Regulations

Marginal note:Annual rent for lease

• 61 (1) The annual rent for a lease is $2.50 per hectare during the first term and $5.00 per hectare during each renewed term.

• Marginal note:When rent is due

  (2) The rent must be paid to the Mining Recorder before the anniversary date of the lease.

• Marginal note:Waiver of payment of annual rent — COVID-19

  (3) Due to the COVID-19 pandemic, the Minister must waive the payment of the annual rent for a lease that becomes due under subsection (2) during the year beginning on March 13, 2020, if the Supervising Mining Recorder receives a written request for a waiver from the lessee before March 13, 2021.

• Marginal note:Annual rent paid — COVID-19

  (4) However, if the annual rent for a lease has already been paid to the Mining Recorder under subsection (2) during the year beginning on March 13, 2020, the Minister must waive the payment of rent for the following year, but the amount waived by the Minister must not exceed the rent paid to the Mining Recorder during the year beginning on March 13, 2020.