Document ID: chunk:federal_register_of_legislation:C2024C00450:section:124:p2
Version: federal_register_of_legislation:C2024C00450
Segment Type: section
Provision Reference: s 124 (pt 2/2)
Character Range: 135873–137264

Where, under regulations made for the purposes of subsection (1), the Commonwealth is liable to pay an amount to a State or Territory, an amount equal to that amount shall be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.
 (6) Regulations made for the purposes of subsection (1) have no effect to the extent that they are inconsistent with rights of the kind referred to in subsection 35(4) of the Atomic Energy Act 1953 or an authority under subsection 41(1) of that Act.
 (7) In this section:
law of a State or Territory includes regulations or any other instrument made under that law.
mineral means a naturally occurring substance or mixture of substances.
modifications includes additions, omissions or substitutions.
relevant land means:
 (a) land in a State vested in an acquiring authority; or
 (b) land in a Territory vested in an acquiring authority.
 (8) If, on the day on which this Act commences, there are no regulations in effect for the purposes of subsection (1) of this section, section 51 and subsections 53(2) and (2A) of the Lands Acquisition Act 1955 continue to apply as if that Act had not been repealed until such time as the first such regulations take effect.
 (9) Nothing in this section shall be read as authorising the making of regulations extending to land vested in an Aboriginal Land Trust.

Part XI—Interests in overseas land