Commonwealth Consolidated Acts

LANDS ACQUISITION ACT 1989 - SECT 95

    Where:

  (a)   person who owns an interest in land suffers loss because of the exercise, in relation to the land, of powers conferred by Part   III; and

  (b)   either:

  (i)   within 3 years after suffering the loss, the person makes a claim for compensation in accordance with section   97 in respect of the loss; or

  (ii)   the Minister makes an offer of compensation to the person under subsection   101A(1) in respect of the loss;

the Commonwealth is liable to pay to that person as compensation such amount as will justly compensate him or her for the loss.