Queensland Consolidated Acts

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TORRES STRAIT ISLANDER LAND ACT 1991 - SECT 152

Royalties in relation to mining on Torres Strait Islander land

152 Royalties in relation to mining on Torres Strait Islander land

(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.
(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.



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