Distribution of Royalty Money
The RDU facilitates the distribution of Royalty money, often referred to as 64-3. Funding application requests from Aboriginal Corporations (ORIC’s) that are connected to the Groote archipelago, are presented to the ALC Board for consideration. RDU also assists Aboriginal corporations to apply for funding from other sources.
In February and August of each year, there is a changing amount available for distribution, as it’s calculated at 30% of the royalty funds derived from the GEMCO mining operation to eligible Aboriginal Corporations (ORIC’s).
Section 64-3 of the Aboriginal Land Rights Act NT (ALRA) mandates that an amount equivalent to 30% of the royalties received by the Northern Territory Government from GEMCO is remitted to the ALC from the Aboriginal Benefit Account (ABA) twice a year. This is usually in February and August. The amount depends on the volume of production and price of manganese in the period. The funds are required by legislation to be used to support the economic and community development of traditional owners living in the area effected by the GEMCO mine – the Groote Eylandt archipelago. The legislation also required the ALC to remit the funds to Aboriginal Corporation (ORIC’s) within six months of receipt and the RDU plays a key role in this process.
How to Apply
In February and August of each year, the Anindilyakwa Land Council (ALC) facilitates the distribution of funding, which is called the 64-3 distribution.
Aboriginal Corporations (ORICs) that are connected to the Groote archipelago may apply for access to 64-3 funds.
To apply for the coming round of funding:
- An application form must be completed and returned to the ALC;
- Please contact the ALC directly to obtain an application using the contact form below;
- Only applications received through [email protected] will be considered by the ALC Board. Applications given directly to ALC staff or Board members will not be considered.
Consider providing as much information as possible to support your application. 64-3 funding is a limited resource. As a minimum, provide information as follows:
- How the project will benefit the economic and cultural interests of the Anindilyakwa People.
- Quotes or estimates of initial and ongoing costs expected to be met by 64-3 funds.
- The number of employees likely to be employed by the project.
- When the project is likely to start if funding is provided.
- The location of the project.
- Whether funding other than 64-3 has been considered.
- Photographs and maps supporting the application.