10
CurrentAcquisition on just terms
10 Acquisition on just terms
If the operation of the Electronic Conveyancing National Law (NT)
would, apart from this section, result in an acquisition of property from a person otherwise than on just terms:
(a)
the person is entitled to receive from the Territory the compensation necessary to ensure the acquisition is on just terms;
and
(b)
a court of competent jurisdiction may decide the amount of compensation or make the orders it considers necessary to ensure the acquisition is on just terms.
This Act’s bill:Explanatory statementSecond reading speech
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