Acquisition on just terms
69 Acquisition on just terms
(1) If the operation of the allocated pension provisions 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.
In this section:
allocated pension provisions means:
(a) section 15 of the Superannuation Legislation Amendment and Repeal Act 2014; and
this Division.
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