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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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