(1) This section applies if the operation of the CDR provisions 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).
(2) The person who acquires the property is liable to pay a reasonable amount of compensation to the first - mentioned person.
(3) If the 2 persons do not agree on the amount of the compensation, the person to whom compensation is payable may institute proceedings in:
(a) the Federal Court; or
(b) the Supreme Court of a State or Territory;
for the recovery from the other person of such reasonable amount of compensation as the Court determines.