15CCompensation

15C Compensation Compensation for the effect on native title of an act to which this Division applies: (a) is payable by the holder of the permit, lease, licence, pipeline licence, consent under section 60 or 123, special prospecting authority or access authority to which the act relates (in this section called the petroleum interest);

Petroleum (Submerged Lands) Act 1981 17 (b) includes compensation for the effect on native title of activities done under the petroleum interest as a result of the act; and (c) is to be determined in accordance with Division 5 of Part 2 of the Native Title Act.