Commonwealth Consolidated Acts(1) When a Commonwealth reserve is declared, a usage right that relates to land or seabed in the reserve and is held by the Commonwealth vests in the Director, by force of this subsection.
(2) If the Commonwealth acquires a usage right relating to land or seabed in a Commonwealth reserve, the usage right vests in the Director.
(3) This section does not vest in the Director a usage right in respect of minerals, despite subsections (1) and (2).
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