Document ID: chunk:federal_register_of_legislation:C2008C00563:schedule:2:p2
Version: federal_register_of_legislation:C2008C00563
Segment Type: schedule
Provision Reference: sch 2 (pt 2/3)
Character Range: 23125–25754

rent agreement required by paragraph 1 (f) of Schedule 1—the State shall, within 21 days after the receipt of the amount, pay to the Commonwealth such proportion of that amount as will result in the proportion of relevant revenue paid to the Commonwealth by the State in respect of that financial year being the proportion required by paragraph (b);

 (e) that, where, the State becomes liable to pay, or to give the benefit of, an amount in respect of a financial year under the provision of the rent agreement required by sub‑paragraph 1 (f) in Schedule 1, the Commonwealth shall, within 21 days of being given notice in writing by the State that the State has become so liable, being notice accompanied by verification in writing of the amount of the liability of the State, pay to the State such amount as will result in the proportion of relevant revenue received by the State in respect of that year paid by the State to the Commonwealth and retained by the Commonwealth being the proportion that the State is required to pay under paragraph (b);

 (f) subject to paragraph (g), that the Commonwealth is not responsible for, and shall not bear, any of the administrative or other expenses incurred by the State in the assessment and collection of royalty under the rent agreement;

 (g) where, in a financial year, administrative expenses are incurred by the State in the assessment and collection of royalty under the rent agreement, the Commonwealth shall pay to the State a proportion of those expenses, being a proportion equal to the proportion required by paragraph (b) in respect of the sharing agreement;

 (h) that a Minister of State of the State or other person who receives a return, or gives an assessment, under the rent agreement, shall, as soon as practicable after receiving the return or giving the assessment, give the Minister a copy of the return or assessment;

 (j) that, where the rent agreement or a lease relating to the production unit to which the rent agreement applies confers a discretion on a Minister of the Crown of the State or another person, other than an arbitrator, being a discretion that could affect the amount of royalty, then, subject to any judgment, order or decree of a court, that Minister or other person shall not exercise that discretion except in accordance with procedures approved by the Minister;

 (k) that, if the State becomes liable to make a payment under the provision of  the rent agreement required by paragraph 1 (m) in Schedule 1, the Commonwealth shall, within 21 days of being given notice in writing by the State that the State has become so liable, being