Document ID: chunk:federal_register_of_legislation:C2024C00645:section:49c
Version: federal_register_of_legislation:C2024C00645
Segment Type: section
Provision Reference: s 49C
Character Range: 176612–177290

49C  Compensation for acquisition of property
 (1) If the application of any of the provisions of this Act would result in an acquisition of property from any person having been made otherwise than on just terms, the person is entitled to such compensation from the Commonwealth as is necessary to ensure that the acquisition is made on just terms.
 (2) The Federal Court and the Federal Circuit and Family Court of Australia (Division 2) have concurrent jurisdiction with respect to matters arising under subsection (1) and that jurisdiction is exclusive of the jurisdiction of all other courts, other than jurisdiction of the High Court under section 75 of the Constitution.