Minister may make offer of compensation where no claim is made
74A Minister may make offer of compensation where no claim is made
If:
the Minister is satisfied that an interest in land (other than a mortgage interest) has been acquired by compulsory process from a person; and
a period of at least 12 months has elapsed since the date of the acquisition; and
the person has not made a claim for compensation in accordance with section 67;
the Minister may, by written notice given to the person, make an offer to the person of the amount of compensation to which the Minister considers the person is entitled in accordance with Division 2.
An offer under subsection (1) must contain an explanation of how the amount offered was arrived at.
If the Minister makes an offer of compensation to a person under subsection (1), the person is not entitled to make a claim for compensation, in accordance with section 67, in respect of the acquisition to which the offer relates.
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