Document ID: chunk:federal_register_of_legislation:C2021C00216:section:11:p3
Version: federal_register_of_legislation:C2021C00216
Segment Type: section
Provision Reference: s 11 (pt 3/3)
Character Range: 15254–16995

is valueless or that for some other reason it is not practicable to sell the property by public auction—cause the property to be disposed of otherwise than by sale or to be destroyed.
 (12) For the purposes of a sale or other disposal of goods under subsection (11), the Gallery shall be deemed to be the absolute owner of the property.
 (13) The interest of every person in a work of art to which a notice published under subsection (7) relates is, on the date of acquisition of that work of art, converted into a right to compensation against the Commonwealth.
 (14) Parts VII and IX of the Lands Acquisition Act 1989 apply in relation to a right to compensation referred to in subsection (13) as if:
 (a) that right were an entitlement to compensation under section 52 of that Act;
 (b) a reference in those Parts to an interest in land were a reference to the legal estate in the work of art to which that right relates; and
 (c) a reference in those Parts to the Minister were a reference to the Minister administering this Act.
 (15) Where a person satisfies the Council that he or she had an interest in property immediately before the property was sold by virtue of subsection (11), the Gallery shall pay to the person such amount as it considers appropriate having regard to the interest that person had in the property but not exceeding the amount by which the amount of the proceeds of the sale exceeded the amount of any expenses incurred by the Gallery in connexion with the storage and sale of the property.
 (16) No action, other than an action under the Lands Acquisition Act 1989 as applied by subsection (14), lies against any person by reason of any act or thing done in accordance with this section.

Part III—The Council