Victorian Current Acts

PLANNING AND ENVIRONMENT ACT 1987 - SECT 103

A planning authority or responsible authority may reject a claim for compensation under this Part if the financial loss is less than the greater of—

        (a)     $500 or any greater amount prescribed by the regulations; or

        (b)     0·1% of the value that the land would have had if the land had not been affected by any circumstance set out in section 98(1) or (2) or 107.