Section 11.86.221. Annual rental.  


Latest version.
  • 	(a)  A rental payment for a mining claim or leasehold location must be made in accordance with 11 AAC 86.107. The first rental payment for a new location must be made in accordance with 11 AAC 86.215(f). Each subsequent payment must be accompanied by a rental form provided by the department, a photocopy of that form, or a rental form approved by the director. The rental form must contain the name and address of the owner of record and the name and ADL number of the claim or leasehold location. The department will, in its discretion, refuse to accept a payment submitted without the required information.  
    	(b)  Except as provided in (f) of this section, the amount of the annual rental payment is based on the number of years since a mining claim or leasehold location was first located, as follows:  
       Number of       Rental Amount for         Rental Amount      Rental Amount
      Years Since        Each Quarter-             for Each           for Each
         First            Section Size             Quarter-          Traditional
        Located              MTRSC                 Quarter-         Mining Claim
                            Location             Section Size       or Leasehold
                                                     MTRSC            Location
                                                   Location
          0-5                 $140                   $ 35               $ 35
         6-10                 $280                   $ 70               $ 70
      11 or more              $680                   $170               $170
    	(c)  For purposes of determining the amount of annual rental, a claim or leasehold location located on state land on or before August 31, 1989, is considered to have been first located on August 31, 1989, and the first rental year for such a claim or leasehold location is considered to have begun at noon on September 1, 1989. The first rental year for a claim or leasehold location located on or after September 1, 1989, begins on the date of posting location and ends at noon on the following September 1. The first rental year for a claim or leasehold location located on state-selected land begins on the date the federal government conveys the land to the state and ends at noon on the following September 1. A claim or leasehold location located on any September 1 will be considered to have been located after noon on that day.  
    	(d)  The rental payment for each subsequent rental year is due on September 1 and must be paid on or before November 30.  
    	(e)  If a locator fails to make a timely rental payment, the claim or leasehold location will be considered abandoned under AS 38.05.265. If a rental payment is timely submitted to the department, but the director determines that the payment is less than the amount due, the locator will be granted 30 days after a deficiency notice is delivered under 11 AAC 86.108 to submit the additional rental due. In the deficiency notice, the department will advise the locator that if full payment is not received within the 30-day period, the deficient payment will be applied until exhausted to the claims and leasehold locations with the lowest ADL numbers. The claims and leasehold locations with the remaining ADL numbers for which rent was due and full payment not received will be considered abandoned without further notice.  
    	(f)  The following additional rules apply to a rental determination:  
    		(1) for the rental year following the year in which a new MTRSC location is established, the new MTRSC location is entitled to a 50 percent reduction in the rental that would otherwise be due based on the size of the new MTRSC location;  
    		(2) for the rental year following the year in which a traditional location is converted to an MTRSC location, the converted MTRSC location is entitled to a 50 percent reduction in the rental that would otherwise be due based on the size and rental age of the converted MTRSC location as determined under 11 AAC 86.260;  
    		(3) if a traditional location is converted into an MTRSC location, the annual rental for the converted MTRSC location is based on its size and its rental age as determined under 11 AAC 86.260;  
    		(4) the annual rental for a location established by a locator or a locator's successor in interest under the circumstances described in 11 AAC 86.223(c) or (d) is based on the location's size and on the number of years since the relinquished or existing location was first located.  
    

Authorities

38.05.020;38.05.035;38.05.185;38.05.211;38.05.265;44.62.125

Notes


Authority
AS 38.05.020 AS 38.05.035 AS 38.05.185 AS 38.05.211 AS 38.05.265 Editor's note: As of Register 173 (April 2005), the regulations attorney made a technical revision under AS 44.62.125(b)(6), to 11 AAC 86.221(b).
History
Eff. 5/18/90, Register 114; am 8/26/98, Register 147; am 4/24/99, Register 150; am 1/19/2002, Register 161; am 8/23/2009, Register 191

References

11.86.221