Central Queensland Coal Associates Agreement Act 1968 (Qld)

Central Queensland Coal Associates Agreement Act 1968

An Act about an agreement between the State and various companies for the mining of coal in central Queensland, and for related purposes

1 Short title This Act may be cited as the Central Queensland Coal Associates Agreement Act 1968.

1A Definition In this Act— the agreement means the agreement made on 28 January 1969 as authorised by section 2, as varied under this or another Act.

2 Execution of agreement authorised The Premier is hereby authorised to make, for and on behalf of the State, with Utah Development Company, a company registered in the State, and having its registered office at Fourth Floor, Canegrowers' Building, 190–94 Edward Street, Brisbane, in the State and Mitsubishi Development Pty. Ltd., a company registered in the State and having its registered office at Eighth Floor, Commercial Union House, 349–53 Queen Street, Brisbane, in the State the agreement, the form of which is set out in schedule 1.

3 Agreement has force of law The agreement has the force of law as if it were enacted.

4 Variation of agreement (1) The agreement may be varied only by further agreement between the parties under the authority of an Act. (2) A variation of the agreement purported to be made other than under subsection (1) is of no effect.

4A [Repealed]

5 Application of GST to rents after 30 June 2005 (1) This section applies to rent payable after 30 June 2005 under— (a) this Act; or (b) the agreement; or (c) a lease granted under, or mentioned in, the agreement. (2) If the rent is for a supply for which GST is payable, the rent payable is the total of— (a) the rent that would have been payable if the rent were not for a supply for which GST is payable; and (b) 10% of the rent that would have been payable if the rent were not for a supply for which GST is payable. (3) Subsection (2) applies despite the following— (a) sections 3 and 4; (b) the agreement; (c) the Mineral Resources Act 1989.