New South Wales Consolidated Acts

ELECTRICITY SUPPLY ACT 1995 - SECT 44

44 Acquisition of land

(1) A network operator may acquire land (including an interest in land) for the purpose of exercising its functions under this or any other Act or law.

(2) Land that a network operator is authorised to acquire under this section may be acquired by agreement or by compulsory process in accordance with the Land Acquisition (Just Terms Compensation) Act 1991 for the purposes of this Act.

(3) A network operator may not give a proposed acquisition notice under the Land Acquisition (Just Terms Compensation) Act 1991 without the approval of the Minister.

(4) Despite the Land Acquisition (Just Terms Compensation) Act 1991 , section 55, a strategic benefit payment to which a person is entitled must be disregarded in determining the amount of compensation to which the person is entitled under that Act, Part 3.

(5) In this section--

"strategic benefit payment" means a payment required to be made by the holder of a transmission operator's licence under a condition imposed on the licence by the Minister under Schedule 2, clause 6(2)(i).