Contents
Page
1 Name of Regulations [see Note 1] 3
2 Interpretation 3
3 Exempt authorities 3
4 Specified circumstance — paragraph 21 (1) (b) of the Act 3
4A Specified circumstances — paragraph 21 (1) (b) of the Act (Pipeline Authority and its subsidiaries) 3
4B Specified circumstances — paragraph 21 (1) (b) of the Act (defence housing) 3
5 Interest payable on compensation — interests other than mortgage interests 4
6 Interest payable in compensation 4
7 Specified circumstance — paragraph 117 (1) (b) of the Act 4
7A Specified circumstances — paragraph 117 (1) (b) of the Act (Pipeline Authority and its subsidiaries) 4
7B Specified circumstances — paragraph 117 (1) (b) of the Act (defence housing) 5
8 Prescribed address (Act s 137) 5
Schedule 1 Exempt authorities 6
Notes 8
1 Name of Regulations [see Note 1]
These Regulations are the Lands Acquisition Regulations 1989.
2 Interpretation
In these Regulations, unless the contrary intention appears:
the Act means the Lands Acquisition Act 1989.
3 Exempt authorities
For the purposes of paragraph (b) of the definition of Commonwealth authority in section 6 of the Act, each of the authorities specified in Column 2 in Schedule 1 is declared to be an exempt authority.
4 Specified circumstance — paragraph 21 (1) (b) of the Act
The Act does not apply in relation to the acquisition by the Aboriginal and Torres Strait Islander Commission of an interest in land under section 14 of the Aboriginal and Torres Strait Islander Commission Act 1989 for the benefit of, or assistance to, Aboriginal and Torres Strait Islander corporations.
4A Specified circumstances — paragraph 21 (1) (b) of the Act (Pipeline Authority and its subsidiaries)
The Act does not apply in relation to an acquisition by the Pipeline Authority, or a subsidiary company of the Authority, of an interest in land (including land in a public park) by agreement, under the Pipeline Authority Act 1973.
4B Specified circumstances — paragraph 21 (1) (b) of the Act (defence housing)
The Act does not apply in relation to the acquisition by the Commonwealth from the Defence Housing Authority of an interest in land, other than a freehold interest, for the purpose of providing housing to meet the operational needs of the Defence Force.
5 Interest payable on compensation — interests other than mortgage interests
For the purposes of subsection 91 (2) of the Act, the rate of interest payable on compensation is the rate that is the assessed secondary market yield, in respect of 5-year non-rebate Treasury bonds, published by the Reserve Bank in respect of a month in respect of which the Commonwealth is liable to pay compensation to the relevant claimant under Part VII of the Act.
6 Interest payable in compensation
For the purposes of subsection 115 (2) of the Act, the rate of interest payable on compensation is the rate that is the assessed secondary market yield, in respect of 5-year non-rebate Treasury bonds, published by the Reserve Bank in respect of a month in respect of which the Commonwealth is liable to pay compensation to the relevant claimant under Part VIII of the Act.
7 Specified circumstance — paragraph 117 (1) (b) of the Act
The Act does not apply in relation to the disposal by the Aboriginal and Torres Strait Islander Commission of an interest in land under section 14 of the Aboriginal and Torres Strait Islander Commission Act 1989 for the benefit of, or assistance to, Aboriginal and Torres Strait Islander corporations.
7A Specified circumstances — paragraph 117 (1) (b) of the Act (Pipeline Authority and its subsidiaries)
The Act does not apply in relation to a disposal by the Pipeline Authority, or a subsidiary company of the Authority, of an interest in land (including land in a public park) by agreement, under the Pipeline Authority Act 1973.
7B Specified circumstances — paragraph 117 (1) (b) of the Act (defence housing)
The Act does not apply in relation to the disposal by the Commonwealth of an interest in land, other than a freehold interest, for the purpose of providing housing to meet the operational needs of the Defence Force.
8 Prescribed address (Act s 137)
For subsection 137 (1) of the Act, the following address is prescribed:
Secretary
Department of Finance and Administration
GPO Box 1920
CANBERRA ACT 2601.