From 1 January 2020, the practice of not charging the full rental to tenement holders who are also the freeholder owner of the relevant land will cease. This means that where a holder of a Mining Lease, Retention Lease or Miscellaneous Purpose Licence is also the holder of the freehold land, the tenement holder will be invoiced for 100% of rental fees, rather than invoicing for 5% as has occurred in the past, and there will be no entitlement to distribution of rent.
