LANDS ACQUISITION REGULATIONS 1989 NO. 111 LANDS ACQUISITION REGULATIONS 1989 NO. 111 - TABLE OF PROVISIONS 1. Citation 2. Interpretation 3. Exempt authorities 4. Specified circumstance-paragraph 21 (1) (b) of the Act 5. Interest payable on compensation-interests other than mortgage interests 6. Interest payable in compensation 7. Specified circumstance-paragraph 117 (1)(b) of the Act 8. Prescribed addresses-subsection 137 (1) of the Act SCHEDULE 1 SCHEDULE 2 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 1 Citation 1. These Regulations may be cited as the Lands Acquisition Regulations. 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 2 Interpretation 2. In these Regulations, unless the contrary intention appears: "the Act" means the Lands Acquisition Act 1989. 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 3 Exempt authorities 3. For the purposes of paragraph (b) of the definition of "Commonwealth authority" in section 6 of the Act, each of the authorities specified in Column 2 in Schedule 1 is declared to be an exempt authority. 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 4 Specified circumstance-paragraph 21 (1) (b) of the Act 4. The Act does not apply in relation to the acquisition by the Aboriginal Development Commission of an interest in land under section 27, 28 or 29 of the Aboriginal Development Commission Act 1980 for the benefit or assistance of, or on behalf of, Aboriginals or any Aboriginal land trust or corporation. 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 5 Interest payable on compensation-interests other than mortgage interests 5. For the purposes of subsection 91 (2) of the Act, the rate of interest payable on compensation is the rate that is the assessed secondary market yield, in respect of 5-year non-rebate Treasury bonds, published by the Reserve Bank in respect of a month in respect of which the Commonwealth is liable to pay compensation to the relevant claimant under Part VII of the Act. 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 6 Interest payable in compensation 6. For the purposes of subsection 115 (2) of the Act, the rate of interest payable on compensation is the rate that is the assessed secondary market yield, in respect of 5-year non-rebate Treasury bonds, published by the Reserve Bank in respect of a month in respect of which the Commonwealth is liable to pay compensation to the relevant claimant under Part VIII of the Act. 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 7 Specified circumstance-paragraph 117 (1)(b) of the Act 7. The Act does not apply in relation to the disposal by the Aboriginal Development Commission of an interest in land under section 27, 28 or 29 of the Aboriginal Development Commission Act 1980 for the benefit or assistance of, or on behalf of, Aboriginals or any Aboriginal land trust or corporation. 1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 8 Prescribed addresses-subsection 137 (1) of the Act 8. An address specified in Column 3 of an item in Schedule 2 is, in relation to the State or Territory specified in Column 2 of that item, a prescribed address for the purposes of subsection 137 (1) of the Act. 1989 No. 111 LANDS ACQUISITION REGULATIONS - SCHEDULE 1 SCHEDULE 1 Regulation 3 EXEMPT AUTHORITIES Column 1 Column 2 Item No. Authority 1 Australian Dairy Corporation 2 Australian Dried Fruits Corporation 3 Australian Honey Board 4 Australian Industry Development Corporation 5 Australian Meat and Livestock Corporation 6 Australian Tobacco Board 7 Australian Wheat Board 8 Australian Wine and Brandy Corporation 9 Australian Wool Corporation 10 Commonwealth Banking Corporation 11 Commonwealth Development Bank 12 Commonwealth Savings Bank 13 Commonwealth Trading Bank 14 Joint Coal Board 15 Reserve Bank of Australia 16 Snowy Mountains Engineering Corporation 17 Snowy Mountains Hydro-electric Authority 1989 No. 111 LANDS ACQUISITION REGULATIONS - SCHEDULE 2 SCHEDULE 2 Regulation 8 PRESCRIBED ADDRESSES Column 1 Column 2 Column 3 Item No. State or Territory Prescribed address 1 Australian Capital Territory Australian Property Group Head Office G.P.O. Box 1920 Canberra ACT 2601 Telephone: (062) 753 000 Facsimile: (062) 753 821 2 New South Wales Australian Property Group Locked Mail Bag 40 Post Office Chatswood NSW 2067 Telephone: (02) 414 8000 Facsimile: (02) 414 7019 3 Victoria Australian Property Group G.P.O. Box 250B Melbourne Vic 3001 Telephone: (03) 649 4600 Facsimile: (03) 614 7423 4 Queensland Australian Property Group G.P.O. Box 2474 Brisbane Qld 4001 Telephone: (07) 225 2581 Facsimile: (07) 229 9376 5 Western Australia Australian Property Group G.P.O. Box P1233 Perth WA 6001 Telephone: (09) 220 2444 Facsimile: (09) 221 4046 6 South Australia Australian Property Group G.P.O. Box 1263 Adelaide SA 5001 Telephone: (08) 213 2699 Facsimile: (08) 213 2635 7 Tasmania Australian Property Group G.P.O. Box 519E Hobart Tas 7001 Telephone: (002) 205 011 Facsimile: (002) 349 443 8 Northern Territory Australian Property Group G.P.O. Box 927 Darwin NT 0801 Telephone: (089) 460 700 Facsimile: (089) 818 096 - NOTES 1989 No. 111*1* LANDS ACQUISITION REGULATIONS *1* Notified in the Commonwealth of Australia Gazette on 7 June 1989.