Section 7
Sec. 7. The annual rental of the land under lease or permit shall not be less than three per centum of-the appraised or reappraised value of the land and one per centum of that of that of the improvement thereon, if any, based on the appraisal and reappraisal made by the Director of Forestry with the approval of the Secretary of Agriculture and commerce. Should the term of the lease be ten years or more, a reappraisal may be made every five years from the date of the approval of the lease or permit. The Director of Forestry may request the assistance of the provincial treasurer or assessor of the province in which the land lies or may appoint a committee for such purpose in the province or in the municipality in which the land lies.