Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies where:
(a) an interest in land has been acquired from a person by compulsory process;
(b) the amount of compensation payable to the person in respect of the acquisition has been determined in accordance with Division 5; and
(c) at the end of 3 months after the determination of the amount of compensation, the person has not, because of some default or delay on the part of the person, received payment of the compensation.
(2) The Minister may direct that an amount equal to the compensation be credited to the Account.
(3) The Minister may pay rates, taxes or similar amounts charged on the land and due at the time of the acquisition and must deduct the amount of the payment from the amount of compensation that would otherwise be credited to the Account.
(4) On crediting the Account with the amount calculated under subsection (3), the compensation must, for the purposes of sections 91 and 92, be taken to have been paid to the person.
(5) If the person rectifies the default or delay referred to in subsection (1), the Commonwealth must pay the person an amount equal to the amount credited to the Account and debit the Account accordingly.