MINING ACT 1978 - SECT 125A
MINING ACT 1978 - SECT 125A
125A . Liability for payment of compensation to native title holders
(1) If compensation is
payable to native title holders for or in respect of the grant of a mining
tenement, the person liable to pay the compensation is —
(a) if
an amount is to be paid and held in trust, the applicant for the grant of, or
the holder of, the mining tenement at the time the amount is required to be
paid; or
(b)
otherwise, the applicant for the grant of, or the holder of, the mining
tenement at the time a determination of compensation is made.
(2) If, at the
relevant time, there is no holder of the mining tenement because the mining
tenement has been surrendered or forfeited or has expired, a reference in
subsection (1) to the holder of the mining tenement is a reference to the
holder of the mining tenement immediately before its surrender, forfeiture or
expiry.
(3) In subsection (1)
—
grant includes extension or renewal;
native title holders has the same meaning as in
the Native Title Act 1993 of the Commonwealth.
[Section 125A inserted: No. 61 of 1998 s. 16.]