Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) When a Commonwealth reserve is declared, a usage right that relates to land or seabed in the reserve and is held by the Commonwealth vests in the Director, by force of this subsection.
(2A) However, subsection (2) does not apply to:
(a) a usage right acquired by the Commonwealth in relation to the Jabiru town land (within the meaning of the Aboriginal Land Rights (Northern Territory) Act 1976 ); or
(b) a usage right acquired by the Commonwealth that is prescribed by the regulations for the purposes of this paragraph.
(2) If the Commonwealth acquires a usage right relating to land or seabed in a Commonwealth reserve, the usage right vests in the Director.
(3) This section does not vest in the Director a usage right in respect of minerals, despite subsections (1) and (2).