Section 101 of the Principal Act is amended by inserting after subsection (2) the following subsections:

(3)  Annual rent falls due on 1 July each year.

(4)  If the lessee fails to pay the annual rent by 1 January in the following year, the Registrar is to cancel the lease and, by notice in writing, notify the lessee of the cancellation.

(5)  A lessee may appeal to the Minister within 28 days after receipt of the notice of cancellation.

(6)  The Minister may reinstate the lease if –

(a) an appeal is made within the period specified in subsection (5) ; and

(b) the Minister considers that reinstatement is warranted.