Northern Territory Numbered Acts

MCARTHUR RIVER PROJECT AMENDMENT (RATIFICATION OF MINING AUTHORITIES) ACT 2007 (NO 6 OF 2007) - SECT 4

(1)     Section 4B(1) and (2)

omit, substitute

    (1)     To the extent that a relevant legislative or administrative act results in the acquisition of property on terms that would not (apart from this section) be just, the Territory is liable to pay compensation sufficient to remedy the injustice.

    (1A)     The compensation is to be determined by agreement between the person from whom the property was acquired and the Territory or, in default of agreement, by the Supreme Court.

    (2)     A person is not entitled to compensation under this section unless, within 3 years after the acquisition, the person lodges a claim with the Administrator setting out:

    (a)     the person's name and an address for service in the Territory; and

    (b)     the nature of the property acquired; and

    (c)     the amount of compensation claimed.

(2)     Section 4B(6)

insert (in alphabetical order)

"relevant legislative or administrative act" means:

    (a)     a grant effected by section 4A; or

    (b)     a validation effected by section 3 of the McArthur River Project Agreement Ratification Amendment Act 1993 ; or

    (c)     the enactment of section 4AB; or

    (d)     anything done under this Act.