New South Wales Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[History]
[Help]
ABORIGINAL LAND RIGHTS ACT 1983 - SECT 46
Fees or royalties for mining on Aboriginal land
46 Fees or royalties for mining on Aboriginal land
(1) All fees and royalties payable in respect of mining on land owned by a
Local Aboriginal Land Council are payable to the
New South Wales Aboriginal Land Council and not the
Local Aboriginal Land Council.
(2) Such fees and royalties together with the
fees and royalties payable to the New South Wales Aboriginal Land Council in
respect of mining on its land must, when received by it, be paid into a
separate account in a bank, building society or credit union to be called the
Mining Royalties Account.
(3) Money to the credit of the Mining Royalties
Account is to be disbursed, in accordance with the regulations, as follows--
(a) 40 per cent is to be paid to the New South Wales Aboriginal Land Council,
(b) the balance, in so far as it is derived from the fees and royalties
payable in respect of mining on land owned by a Local Aboriginal Land Council,
is to be paid to the Local Aboriginal Land Council.
(4) Money to the credit
of the Mining Royalties Account may be invested in any manner authorised by
the regulations pending its disbursement in accordance with this section.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback