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LAND ACT 1994 - SECT 226
Compensation limited to improvements
226 Compensation limited to improvements
(1) Compensation for a resumption under this division is payable only for
lawful improvements on the lease or part of the lease resumed.
(2) The
compensation is the value of the improvements on the day the resumption takes
effect.
(3) The Minister must decide the compensation payable.
(4) The value
of the improvements must be assessed as their market value in a sale of the
lease if the lease had not been resumed.
(5) The lessee may appeal against
the Minister’s decision.
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