New South Wales Consolidated Acts
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OFFSHORE MINERALS ACT 1999 - SECT 43
Effect of grant of licence or special purpose consent on native title
(1) This section applies to the following acts: (a) the grant, renewal,
variation or extension of a licence or special purpose consent,
(b) the
amendment or variation of a condition of a licence or special purpose consent.
(2) An act to which this section applies does not extinguish native title in
the licence or consent area.
(3) While a licence or special purpose consent
is in force over an area, native title in the area is subject to the rights
conferred by the licence or consent.
(4) If compensation is payable under
section 24MD or 24NA of the Native Title Act 1993 of the Commonwealth in
respect of an act to which this section applies that is attributable to the
State, the person who applied for the grant, renewal, amendment or variation
is declared, in accordance with section 24MD (4) (b) (i) or 24NA (7) (b) (i)
of that Act (as the case requires), to be liable to pay the compensation.
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