Pursuant to section 23L(1)(a) of the Crown Pastoral Land Act 1998, I give notice of dollar-per-stock-unit rates calculated using the method specified in the Crown Pastoral Land (Method for Calculating Dollar-Per-Stock-Unit Rates) Regulations 2012 (as amended by the Crown Pastoral Land (Method for Calculating Dollar-Per-Stock-Unit Rates) Amendment Regulations 2012).

For the purposes of Part 1A of the Crown Pastoral Land Act 1998, the dollar-per-stock-unit rate for pastoral leases with rent review date of 1 July 2016 is $8.60.

Dated at Wellington this 16th day of March 2016.

CALLUM JAMES TAYLOR, Acting Valuer-General.