77Subsequent payments—public land

77 Subsequent payments—public land (1) Subject to sections 81 and 82, the Minister, for each relevant year, must make, in accordance with the regulations, a payment to an eligible person in relation to the relevant transmission interest of either— (a) an amount calculated in accordance with section 78; or (b) if the Minister considers that exceptional circumstances exist, an amount greater than the amount described in paragraph (a) calculated in accordance with any guidelines made under section 79(1)(b). (2) In determining whether exceptional circumstances exist for the purposes of subsection (1)(b), the Minister— (3) The Minister must ensure that a payment to an eligible person under subsection (1) is made on or before the prescribed day. ***relevant year*** means— (a) the year beginning on the prescribed day; and (b) each subsequent year for the prescribed period or, if no period is prescribed, for a period of 23 years. S. 78 inserted by No. 15/2024 s. 10.