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Nauru Subsidiary Legislation |
REPUBLIC OF NAURU
LANDS ACT
(ACT NO. 13 OF 1976)
Lands (Review of Land Rental Rates) Order 2014
S.L No. 6
Cabinet in exercise of its powers under section 16 of the Lands Act 1976 of Nauru makes the following Order –
1 Citation
This Order may be cited as the Lands (Review of Land Rental Rates) Order 2014.
2 Commencement
This Order shall commence on 1 July 2014.
3 New land rental rates
Land Classification Type | Current Contract Land Rental Rates | Proposed Lower Ranged Market Land Rental Rates |
Cemetery, Coconut land & Non-commercial residential sites | $1.20/m² | $3.60/m² |
Special Public Use Land (Education/Hospital/Fire/Police) | $1.20/m² | $4.00/m² |
Special Commercial (Aerodrome) | $2.40m² | $7.00/m² |
Commercial I Land (Phosphate/Land/Ronphos/RPC/NUC/Hotels/Air Terminal/Commercial Residential/Government) | $3.60/m² | $8.50/m² |
Special Commercial Reserve Land (PI-Permanent Installation Phosphate Land) | $3.60/m² | $7.50/m² |
Dated this 5th day of June 2014.
HON. BARON DIVAVESI WAQA M.P
PRESIDENT
CHAIRMAN OF THE CABINET
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URL: http://www.paclii.org/nr/legis/sub_leg/la1976lolrro2014410