(1) This Act may be referred to as the Nauru Island Agreement Act 1919. There shall be a Council of Commissioners composed of three members, one of whom shall be appointed by each of the Governments which are Parties to this Agreement. Ownership of the phosphate deposits on the island of Nauru and all land, buildings, installations and equipment on the island used in the exploitation of the deposits belongs to the Commissioners. Under the agreement, Nauru would be headed by an administrator who would be chosen by the Australian government for the first five years and then selected in a manner to be decided at a later date.  The law also required the creation of a board of directors composed of a member of any nation that was part of the agreement.  The Board of Commissioners obtained ownership of the island`s phosphate deposits and all “land, buildings, facilities and equipment on the island used in connection with the exploitation of the deposits”. However, remuneration should be paid to previous owners.  The agreement will enter into force as soon as it is ratified by the parliaments of the three countries. An Act authorizing the agreement between Her Majesty`s Government in London, Her Majesty`s Government of the Commonwealth of Australia and Her Majesty`s Government of the Dominion of New Zealand concerning the island of Nauru.
At the end of the five-year period following the entry into force of this Agreement, and every five years there there again, the allocation base shall be adjusted according to the real needs of each country. In 2001, the Australian government began transferring asylum seekers who wanted to reach Australia by boat to processing centres on Nauru and Papua New Guinea. The so-called “Pacific” solution provided for the signing of a Memorandum of Understanding and an Agreement for Nauru to receive additional assistance from Australia under the agreements. The total amount of this assistance amounted to UA 26.5 million (approximately US$21.4 million). The Pacific Solution ended in 2007. However, the Australian government resumed offshore processing of asylum seekers in 2012 and a new agreement was signed with Nauru. The fact that phosphate was discovered there in 1900 contributed to this turbulent history of different countries that control the island: Nauru has “vast phosphate deposits dating back centuries of bird droppings” (also known as Guano). A British company, the Pacific Phosphate Company, began mining in 1906. The phosphate rights were then transferred to the British Phosphate Commission as part of the 1919 Agreement on the Island of Nauru, concluded by the three mandated countries.