173. Adjustments between mine owner and royalty owner.

Where the substituted mining code of the Railways Clauses Consolidation Act 1845 applies1, the code does not affect any agreement between the mine owner2 and the royalty owner3 for the payment of any rent or royalty4, but the payment of compensation by the railway or other authority to the royalty owner in respect of any minerals extinguishes any liability by the mine owner to pay any royalty in respect of the same minerals5, and the mine owner is entitled to make the normal deductions from royalties6 notwithstanding anything in any agreement entered into before 1 August 19237, unless the