New South Wales Consolidated Acts

LAND ACQUISITION (JUST TERMS COMPENSATION) ACT 1991 - SECT 45

45 Deemed acceptance of offer of compensation

(1) If a person entitled to compensation under this Part does not, within 90 days after receiving a compensation notice:

(a) accept the amount of compensation offered by the authority of the State, or

(b) lodge with the Land and Environment Court an objection to the amount of compensation offered,

the offer of compensation is taken to have been accepted.

(2) Such an acceptance is subject to any decision of the Land and Environment Court on an objection lodged after the 90-day period.

(3) The authority of the State must, on such an acceptance taking effect, pay the amount of money concerned into a trust account kept under this Part and pay the money to the person entitled to it on receipt of a claim for compensation, deed of release and indemnity (duly completed) and any relevant documents of title.