Commonwealth Consolidated Acts

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AUSTRALIAN MEAT AND LIVE-STOCK INDUSTRY ACT 1997 - SECT 71

Compensation for acquisition of property

  (1)   If, apart from this section, the operation of this Act would result in the acquisition of property from a person otherwise than on just terms, there is payable to the person by the Commonwealth such reasonable amount of compensation as is agreed between the person and the Commonwealth or, failing agreement, as is determined by a court of competent jurisdiction.

  (2)   In this section:

"acquisition of property" and just terms have the same respective meanings as in paragraph   51(xxxi) of the Constitution.



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