Document ID: chunk:federal_register_of_legislation:C2020A00050:clause:2_3
Version: federal_register_of_legislation:C2020A00050
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 14701–15438

3  Compensation for acquisition of property
(1) If the operation of item 2 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.

[Minister's second reading speech made in—
House of Representatives on 27 February 2020
Senate on 14 May 2020]
(22/20)