Compensation for registered interests not continued
240AAA Compensation for registered interests not continued
A person who is given a written notice under section 240(7D) has a right to claim compensation under the Acquisition of Land Act 1967, section 12(5A) and (5B) and part 4 as if the interest were land taken by the State under that Act.
For applying the Acquisition of Land Act 1967 under subsection (1)—
the State is the constructing authority; and
for section 24(2A) of that Act, a claimant refers a claim for compensation to the Land Court by filing in the office of the registrar of the court a copy of—
the claim given by the claimant to the State; and
the registration confirmation statement evidencing that the interest is extinguished; and
the reference in section 24(5) of that Act to the date of the gazette containing the gazette resumption notice taking the land is taken to be a reference to the date the interest was extinguished.
Other than as stated in this section, a person has no right to compensation for the inclusion of land in the perpetual lease under section 240.
In this section—
registration confirmation statement, for land, means a document issued by the registrar under the Land Title Act 1994 showing all registered interests under that Act in the land.
This Act’s bill:Explanatory memorandum
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