New South Wales Consolidated Acts

LAND ACQUISITION (JUST TERMS COMPENSATION) ACT 1991 - SECT 41

41 Valuer-General's determination of amount of compensation

(1) The authority of the State must, within 7 days after it compulsorily acquires land, provide the Valuer-General with a list of the issues that the authority believes are relevant to the determination of the amount of compensation by the Valuer-General.

(2) The Valuer-General may determine the amount of compensation to be offered to a former owner of land for a compulsory acquisition of the land--

(a) before or after the acquisition takes effect, and

(b) even though the former owner has not made a claim for the compensation.

(3) The Valuer-General is to provide a copy of the determination of the amount of compensation (together with any report on the value of the land prepared by or for the Valuer-General) to--

(a) the authority of the State concerned, and

(b) the former owner to whom the compensation is payable.