Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person who considers that he or she is entitled to be paid compensation in accordance with this Part may make a claim for compensation.
(2) A claim:
(a) shall be in the form approved by the Minister for the purposes of this subsection;
(b) shall specify:
(i) the interest of the person that has been acquired by compulsory process;
(ii) the amount of compensation the person claims in respect of the acquisition; and
(iii) if the claim is in respect of the acquisition of a mortgage interest under a mortgage--the amounts that, for the purposes of Division 3, are the amounts of:
(A) principal secured by the mortgage at the time of the acquisition of the interest; and
(B) any interest, costs and charges due under the mortgage at that time; and
(c) shall be given to the Minister.
(3) A person who has made a claim may, by notice in writing given to the Minister, withdraw the claim.
(4) Where a claim is withdrawn, this Act has effect as if the claim had never been made.
(5) For the purposes of this Act, a claim shall be taken to be made when it is given to the Minister.