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COMMONWEALTHAct
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s 57

Special provision where market value determined upon basis of potential of land

In force
Part VIICompensation for compulsory acquisition of interests in land
Division 2Amount of compensation–interests other than mortgage interests

57 Special provision where market value determined upon basis of potential of land

Where the market value of an interest in land acquired by compulsory process is assessed upon the basis that the land had potential to be used for a purpose other than the purpose for which it was used at the time of acquisition, compensation shall not be allowed in respect of any loss or damage that would necessarily have been suffered, or expense that would necessarily have been incurred, in realising that potential.

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