sec.334ZMProvisions about compensation for owners of lots 65 and 66 on RP909055

### sec.334ZM Provisions about compensation for owners of lots 65 and 66 on RP909055 This section applies to— lot 65 on RP909055 ( lot 65 ), part of the surface area of which, under section 334ZK , is taken to be, and always to have been, included in mining lease 1978; and lot 66 on RP909055 ( lot 66 ) part of which is comprised in mining lease 1978. The holder of the mining lease must pay compensation to the owner of lot 65. The compensation amount and the terms on which it is payable must be— the subject of an agreement between the holder and the owner; or decided by the Land Court under section 281 as if it were compensation referred to in section 279 . This Act applies as if the agreement mentioned in subsection (3) (a) were an agreement mentioned in section 279 (1) (a) . See, for example, sections 279 (3) and 281 . No compensation is payable by the holder of the mining lease to the owner of lot 66. Subsection (5) applies despite section 416 and the Property Law Act 2023 . s 334ZM (prev s 418B) ins 2002 No. 25 s 21 amd 2007 No. 39 s 41 sch ; 2012 No. 20 s 323 sch 3 reloc and renum 2012 No. 20 s 313 amd 2018 No. 24 s 140; 2023 No. 27 s 289 sch 3 (sec.334ZM-ssec.1) This section applies to— lot 65 on RP909055 ( lot 65 ), part of the surface area of which, under section 334ZK , is taken to be, and always to have been, included in mining lease 1978; and lot 66 on RP909055 ( lot 66 ) part of which is comprised in mining lease 1978. (sec.334ZM-ssec.2) The holder of the mining lease must pay compensation to the owner of lot 65. (sec.334ZM-ssec.3) The compensation amount and the terms on which it is payable must be— the subject of an agreement between the holder and the owner; or decided by the Land Court under section 281 as if it were compensation referred to in section 279 . (sec.334ZM-ssec.4) This Act applies as if the agreement mentioned in subsection (3) (a) were an agreement mentioned in section 279 (1) (a) . See, for example, sections 279 (3) and 281 . (sec.334ZM-ssec.5) No compensation is payable by the holder of the mining lease to the owner of lot 66. (sec.334ZM-ssec.6) Subsection (5) applies despite section 416 and the Property Law Act 2023 . - (a) lot 65 on RP909055 ( lot 65 ), part of the surface area of which, under section 334ZK , is taken to be, and always to have been, included in mining lease 1978; and - (b) lot 66 on RP909055 ( lot 66 ) part of which is comprised in mining lease 1978. - (a) the subject of an agreement between the holder and the owner; or - (b) decided by the Land Court under section 281 as if it were compensation referred to in section 279 .