Document ID: chunk:federal_register_of_legislation:C2010C00300:clause:4_4
Version: federal_register_of_legislation:C2010C00300
Segment Type: clause
Provision Reference: sch 4 cl 4
Character Range: 19323–20809

4  Paragraph 124‑70(1)(c)
Repeal the paragraph, substitute:
 (c) you *dispose of it to an entity (other than a foreign government agency) in circumstances meeting all of these conditions:
 (i) the disposal takes place after a notice was served on you by or on behalf of the entity;
 (ii) the notice invited you to negotiate with the entity with a view to the entity acquiring the asset by agreement;
 (iii) the notice informed you that if the negotiations were unsuccessful, the asset would be compulsorily acquired by the entity;
 (iv) the compulsory acquisition would have been under a power of compulsory acquisition conferred by a law covered under subsection (1A);
 (ca) you dispose of it to an entity (other than a foreign government agency) in circumstances meeting all of these conditions:
 (i) the asset is land over which a mining lease was compulsorily granted;
 (ii) the lease significantly affected your use of the land;
 (iii) the lease was in force just before the disposal;
 (iv) the entity to which you dispose of the land was the lessee under the lease;
 (cb) you dispose of it to an entity (other than a foreign government agency) in circumstances meeting all of these conditions:
 (i) the asset is land over which a mining lease would have been compulsorily granted if you had not disposed of it;
 (ii) that lease would have significantly affected your use of the land;
 (iii) the entity to which you dispose of the land would have been the lessee under the lease.