How claims must be made
21 How claims must be made
A claim must—
be in writing and in any form reasonably required by the Territory; and
state the interest of the person that has been acquired under the Act; and
state the amount of compensation the person claims in relation to the acquisition; and
include sufficient detail to allow the claim to be considered, including detail about how a monetary amount claimed is worked out; and
if the claim is in relation to the acquisition of a security right under a security—state the total value of the impact of the acquisition on the relevant debt arrangement, how it has been determined (including calculations, if relevant), and the total amount of debt secured by the security.
A claim is taken to be made only when it is given to the director‑general.
A person may withdraw their claim by written notice to the director‑general.
If a claim is withdrawn, the Act has effect as if the claim had never been made.
The director-general may determine further requirements for how a claim must be made under this section.
A determination under subsection (5) is a notifiable instrument.
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