28. The Minister is authorized to grant a lease of a part of the water property for aquaculture purposes on the following conditions:
(1) the maximum term of the lease is 20 years;
(2) the lessee must, throughout the term of the lease, hold the licence required, where applicable, under the Act respecting commercial aquaculture (chapter A-20.2) or the Act respecting commercial fishing and commercial harvesting of aquatic plants (chapter P-9.01) to carry on commercial aquaculture activities or commercially harvest aquatic plants; and
(3) the annual rent payable, without being less than $322, is (a) $3.22 per hectare for the first 5 years, then $6.47 per hectare for subsequent years, if facilities are present; or (b) $0.65 per hectare for the first 10 years, then $1.29 per hectare for subsequent years, if no facilities are present.
Sections 20 to 26 do not apply to such a lease for aquaculture purposes.