82 (1) In this section, “lease” means a lease, or the renewal of a lease, of mining rights or of surface rights, or of both mining rights and surface rights, issued under section 47, 52 or 100 of The Mining Act, being chapter 241 of the Revised Statutes of Ontario, 1960, or a predecessor of that Act.  1999, c. 12, Sched. O, s. 36 (1); 2009, c. 21, s. 43. Amount of rent (2)  Despite any rental that may be provided for in a lease, the annual rental for the lease is as prescribed.  1999, c. 12, Sched. O, s. 36 (1). Renewal of lease (3)  A lease of mining rights under clause (a) of the definition of ‘‘lease” in subsection (1) is renewable for further terms of 10 years.  1999, c. 12, Sched. O, s. 36 (1). Application (4)  Application for a renewal shall be made through the mining lands administration system in the 90-day period before the expiry of the lease or such further period as the Minister considers appropriate.  1999, c. 12, Sched. O, s. 36 (1); 2020, c. 34, Sched. 8, s. 4. Date of renewal (4.1)  A lease that is renewed shall date from the day after the expiry of the lease.  1999, c. 12, Sched. O, s. 36 (1). Interest (4.2)  Where payment of the rental under a lease is not paid within the required time, interest at the prescribed rate, compounded annually, shall forthwith be added to the amount owing in each year that the amount remains unpaid.  1999, c. 12, Sched. O, s. 36 (1). Reduction or waiver of interest owing (4.3) The Minister may reduce or waive the amount of any interest added to rental payments under subsection (4.2).  2002, c. 18, Sched. M, s. 5. Termination of lease for arrears of rent (5)  Where payment of the rental under a lease is in arrears for two years or more, the lease may be terminated by an instrument in writing.  R.S.O. 1990, c. M.14, s. 82 (5). Notice of termination of lease (6)  Where application for renewal of a lease is not made within the time set out in subsection (4) or where a lease has been terminated under subsection (5), the Minister may cause a notice of termination to be registered in the proper land registry office, and the land registrar shall, upon receipt of the notice, duly register it, and thereupon all the interests of the lessee, the lessee’s heirs, executors, administrators, successors and assigns shall be deemed to have ceased and determined, and the land included in such lease is revested in the Crown, freed and discharged from every claim.  R.S.O. 1990, c. M.14, s. 82 (6); 1996, c. 1, Sched. O, s. 22. Certain Acts not to apply to forfeited lands (7)  Upon registration of the notice under subsection (5) in the land registry office, the Land Titles Act or the Registry Act, as the case may be, ceases to apply to the lands, and the land registrar shall note that fact in his or her register.  R.S.O. 1990, c. M.14, s. 82 (7); 1999, c. 12, Sched. O, s. 36 (2). Lands vested in Crown on termination of lease (8)  When a lease is terminated under this section, the lease and all rights and powers therein contained, as well as all rights and claims of the lessee, the lessee’s heirs, executors, administrators or assigns in or to the lands covered by the lease, cease, and such lands are vested in the Crown, freed and discharged from every claim and are not open for prospecting, mining claim registration, sale or lease under this Act until a date fixed by the Deputy Minister, two weeks’ notice of which shall be published in The Ontario Gazette.  R.S.O. 1990, c. M.14, s. 82 (8); 2009, c. 21, s. 101 (4); 2017, c. 6, Sched. 2, s. 59. Lease may be issued under s. 81 (9)  The holder of a lease, upon application in writing therefor and upon the surrender of the lease and upon meeting the conditions set out in subsection 81 (8), may be issued a lease under section 81 for a term of twenty-one years and the rental for each year of the term thereof shall be that prescribed for the purposes of section 81 for years after the first year of a term.  R.S.O. 1990, c. M.14, s. 82 (9). Restriction on transfer etc. (10) A lease, a renewal of lease or the term or terms that a lease creates shall not be transferred, mortgaged, charged, sublet or made subject to a debenture without the written consent of the Minister or an officer duly authorized by the Minister.  2000, c. 26, Sched. M, s. 13. Section Amendments with date in force (d/m/y) 1996, c. 1, Sched. O, s. 22 - 30/01/1996; 1999, c. 12, Sched. O, s. 36 (1, 2) - 30/06/2000 2000, c. 26, Sched. M, s. 13 - 26/12/2000 2002, c. 18, Sched. M, s. 5 - 16/12/2002 2009, c. 21, s. 43, 101 (4) - 28/10/2009 2017, c. 6, Sched. 2, s. 59 - 10/04/2018 2020, c. 34, Sched. 8, s. 4 - 01/02/2022