601VCA
In forceAcquisition of property
Volume 3Chapter 5A, Part 5A.1 to Chapter 6D, Part 6D.5 sections 601 to 742
Chapter 5DLicensed trustee companies
Part 5D.5Limit on control of and proposed licensed trustee companies
Division 3Other matters
601VCA Acquisition of property
(1)
The Court must not make an order under section 601VAC if:
(a)
the order would result in the acquisition of property from a person otherwise than on just terms; and
(b)
the order would be invalid because of paragraph 51(xxxi) of the Constitution.
(2)
Section 1350 does not apply in relation to the making of an order under section 601VAC.
(3)
In this section:
acquisition of property has the same meaning as in paragraph 51(xxxi) of the Constitution.
just terms has the same meaning as in paragraph 51(xxxi) of the Constitution.
This Act’s bill:Explanatory memorandumSecond reading speech
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