Document ID: chunk:federal_register_of_legislation:C2015A00108:clause:1_73
Version: federal_register_of_legislation:C2015A00108
Segment Type: clause
Provision Reference: sch 1 cl 73
Character Range: 50621–51263

73  Compensation for acquisition of property
(1) If the operation of items 4 and 5 of this Schedule would result in an acquisition of property (within the meaning of paragraph 51(xxxi) of the Constitution) from a person otherwise than on just terms (within the meaning of that paragraph), the Commonwealth is liable to pay a reasonable amount of compensation to the person.
(2) If the Commonwealth and the person do not agree on the amount of the compensation, the person may institute proceedings in a court of competent jurisdiction for the recovery from the Commonwealth of such reasonable amount of compensation as the court determines.