Entitlement to compensation
203 Entitlement to compensation
Subject to this Division, a person who suffers loss or damage because of the exercise, or purported exercise, of a power under section 157(1)(h), 182 or 190(1)(f) or (g) is entitled to be paid just and reasonable compensation for the loss or damage.
Compensation is not payable to the person for loss or damage to the extent to which —
an amount for the loss or damage is recovered or recoverable by the person under a policy of insurance; or
any act or omission of the person contributed to the loss or damage.
Compensation is not payable to the person for loss or damage if the loss or damage would have happened in any event irrespective of the exercise, or purported exercise, of the power.
[Section 203 amended: No. 33 of 2020 s. 15.]
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