4AVariation of Agreement to increase rates of royalty

##### 4A. Variation of Agreement to increase rates of royalty (1) In this section — Agreement means the agreement a copy of which is set out in the First Schedule — (a) as varied from time to time in accordance with its provisions; and (b) as varied by these agreements — (i) the First Supplementary Agreement; (ii) the Second Supplementary Agreement; (iii) the Third Supplementary Agreement; (iv) the Fourth Supplementary Agreement; (v) the Fifth Supplementary Agreement; (vi) the Sixth Supplementary Agreement; (vii) the Seventh Supplementary Agreement; (viii) the Eighth Supplementary Agreement; (ix) the Ninth Supplementary Agreement; (x) the Tenth Supplementary Agreement. (2) Clause 10(2)(j) of the Agreement is varied — (a) in subparagraph (ii) by deleting “3.75%” and inserting — 5.625% (b) in subparagraph (iii) by deleting “3.25%” and inserting — 5% (3) Clause 10(2)(j)(ii) and (iii) of the Agreement as varied by subsection (2) operate and take effect despite — (a) any other provision of the Agreement; and (b) any other agreement or instrument; and (c) any other Act or law. (4) Nothing in this section affects the amount of royalty payable under clause 10 of the Agreement in respect of any period before the commencement of the *Iron Ore Agreements Legislation Amendment Act 2010* Part 3. [Section 4A inserted: No. 34 of 2010 s. 7.]