QLDIn ForceAct
Torres Strait Islander Land Act 1991
sec.152Royalties in relation to mining on Torres Strait Islander land
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### sec.152 Royalties in relation to mining on Torres Strait Islander land
This section applies if the State receives an amount (the royalty amount ), by way of royalty under the Mineral Resources Act 1989 , the Petroleum and Gas (Production and Safety) Act 2004 or the Geothermal Energy Act 2010 , in relation to land that is Torres Strait Islander land.
The trustee of the land is entitled to receive, out of money appropriated by the Parliament, the percentage prescribed for the purposes of this subsection of the total royalty amount received in a financial year and must apply the amount received for the benefit of the Torres Strait Islanders for whose benefit the trustee holds the land, particularly those that are affected by the activities to which the royalty amount relates.
s 152 amd 2004 No. 25 s 1040 ; 2011 No. 26 s 174 ; 2010 No. 31 s 575 sch 2 pt 4
(sec.152-ssec.1) This section applies if the State receives an amount (the royalty amount ), by way of royalty under the Mineral Resources Act 1989 , the Petroleum and Gas (Production and Safety) Act 2004 or the Geothermal Energy Act 2010 , in relation to land that is Torres Strait Islander land.
(sec.152-ssec.2) The trustee of the land is entitled to receive, out of money appropriated by the Parliament, the percentage prescribed for the purposes of this subsection of the total royalty amount received in a financial year and must apply the amount received for the benefit of the Torres Strait Islanders for whose benefit the trustee holds the land, particularly those that are affected by the activities to which the royalty amount relates.