Affected statutory authorisations
21 Affected statutory authorisations
If the rights conferred by a statutory authorisation under another
Act are affected by the creation of a zone or the imposition of a temporary prohibition or restriction of activities within a marine park, the Minister must pay fair and reasonable compensation to the holder of the statutory authorisation or, if the Minister considers it appropriate to do so, compulsorily acquire, and pay fair and reasonable compensation for, the statutory authorisation, or any interest (or part of any interest) under a statutory authorisation.
The regulations may, for the purposes of this section—
provide for a scheme for the payment of compensation to the holders of statutory authorisations whose rights are affected by the creation of a zone or the imposition of a temporary prohibition or restriction of activities within a marine park;
provide for a scheme of compulsory acquisition and the payment of compensation to persons whose statutory authorisations, or any interests under a statutory authorisation, are compulsorily acquired;
prescribe the method of calculation of amounts payable as compensation under this section;
provide for a process of objection and appeal in relation to the payment of compensation under this section.
This section, and regulations made for the purposes of this section, will have effect in relation to a statutory authorisation under another Act, despite the provisions of the other Act.
This provision refers to the regulations (The regulations
). Made under this Act:
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