129Certain payments to be made by Commonwealth to States and Northern Territory

#### 129 Certain payments to be made by Commonwealth to States and Northern Territory (1) The Commonwealth shall, not later than the last day of each month of the year, pay to a State: (a) an amount equal to the non‑GST component of each amount payable under this Act (other than an amount payable under section 22B) or an Act (other than the Royalty Act) with which this Act is incorporated in connexion with a document that relates to a block or pipeline in the adjacent area and received by the Commonwealth during the preceding month; and (b) amounts ascertained in accordance with the formula:  where: A is the amount of royalty payable under the Royalty Act, together with the amount, if any, payable under that Act by reason of late payment of that royalty, by a permittee, lessee or licensee in respect of petroleum recovered in the adjacent area under the permit, lease or licence and received by the Commonwealth during the preceding month; and B is the percentage rate at which royalty is payable under that Act by the permittee, lessee or licensee in respect of that petroleum. (1A) The Commonwealth shall, in accordance with arrangements approved by the Minister, pay to each State amounts equal to the non‑GST components of all amounts, other than royalties, payable to the Designated Authority, on behalf of the Commonwealth, under Part III in relation to the adjacent area in respect of the State. (2) Where a determination has been made under section 6 of the royalty Act in relation to a well, that determination shall be disregarded in ascertaining the value of B for the purposes of subsection (1) of this section. (2A) In this section, a reference to a State shall be read as including a reference to the Northern Territory. (3) The Consolidated Revenue Fund is appropriated to the extent necessary for the purposes of this section. (4) For the purposes of this section, the non‑GST component of an amount is: (a) if the amount includes a component that is attributable to goods and services tax—so much of the amount as does not consist of that component; or (b) in any other case—the whole of the amount.