Document ID: chunk:federal_register_of_legislation:C2024C00450:section:121:p2
Version: federal_register_of_legislation:C2024C00450
Segment Type: section
Provision Reference: s 121 (pt 2/2)
Character Range: 130593–131374

The Minister may, by notice in writing given to the former owner, extend the period of 2 months referred to in paragraph (7)(b).
 (9) The validity of the disposal of an interest in land is not affected by a failure to comply with this section.
 (10) In this section:
former owner, in relation to an interest in land, means:
 (a) if the interest was acquired by the acquiring authority from only one person and that person is still alive or, in the case of a corporation, is still in existence—that person; and
 (b) in any other case—such persons (if any) as the Minister, having regard to the interests that existed in the land immediately before the acquisition, considers to be fairly entitled to the benefit of subsection (1).
market value has the same meaning as in section 56.