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Native Title Act 1993
240Similar compensable interest test
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240 Similar compensable interest test
The similar compensable interest test is satisfied in relation to a past act, an intermediate period act or a future act if:
(a) the native title concerned relates to an onshore place; and
(b) the compensation would, apart from this Act, be payable under any law for the act on the assumption that the native title holders instead held ordinary title to any land or waters concerned and to the land adjoining, or surrounding, any waters concerned.
Division 3—Leases