Document ID: chunk:federal_register_of_legislation:C2024C00450:section:60
Version: federal_register_of_legislation:C2024C00450
Segment Type: section
Provision Reference: s 60
Character Range: 64606–65574

60  Matters to be disregarded in assessing compensation
  In assessing compensation, there shall be disregarded:
 (a) any special suitability or adaptability of the relevant land for a purpose for which it could only be used pursuant to a power conferred by or under law, or for which it could only be used by a government, public or local authority;
 (b) any increase in the value of the land caused by its use in a manner or for a purpose contrary to law;
 (c) any increase or decrease in the value of the land caused by the carrying out of, or the proposal to carry out, the purpose for which the interest was acquired; and
 (d) any increase in the value of the land caused by the carrying out, after a copy of the pre‑acquisition declaration or certificate under section 24 in relation to the acquisition of the interest was given to the person, of any improvements to the land, unless the improvements were carried out with the written approval of the Minister.