Compensation for acquisition of property
62 Compensation for acquisition of property
If:
either of the following would result in an acquisition of property from a person:
anything done by a carrier under, or because of, this Schedule;
the existence of rights conferred on a carrier under, or because of, this Schedule in relation to a building, structure or facility owned or operated by the carrier; and
the acquisition of property would not be valid, apart from this clause, because a particular person had not been compensated;
the carrier must pay that person:
a reasonable amount of compensation agreed on between the person and the carrier; or
failing agreement—a reasonable amount of compensation determined by a court of competent jurisdiction.
In assessing compensation payable under this clause arising out of an event, the following must be taken into account:
any compensation obtained by the person as a result of an agreement between the person and the carrier otherwise than under this clause but arising out of the same event;
any damages or compensation recovered by the person from the carrier, or other remedy given, in a proceeding begun otherwise than under this clause but arising out of the same event.
This clause does not limit the operation of clause 42.
In this clause:
acquisition of property has the same meaning as in paragraph 51(xxxi) of the Constitution.
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