sec.779Existing agreements about compensation

### sec.779 Existing agreements about compensation This section applies if immediately before the commencement of this section an agreement was in force between— an exploration permit holder and an owner about the owner’s entitlement under former section 145; or a mineral development licence holder and an owner about the owner’s entitlement under former section 191. On the commencement, the agreement becomes a conduct and compensation agreement under schedule 1. s 779 ins 2010 No. 31 s 464 (sec.779-ssec.1) This section applies if immediately before the commencement of this section an agreement was in force between— an exploration permit holder and an owner about the owner’s entitlement under former section 145; or a mineral development licence holder and an owner about the owner’s entitlement under former section 191. (sec.779-ssec.2) On the commencement, the agreement becomes a conduct and compensation agreement under schedule 1. - (a) an exploration permit holder and an owner about the owner’s entitlement under former section 145; or - (b) a mineral development licence holder and an owner about the owner’s entitlement under former section 191.