New South Wales Consolidated Acts

LAND ACQUISITION (JUST TERMS COMPENSATION) ACT 1991 - SECT 68

68 Payment of compensation arising from court proceedings

(1) Payment of compensation in respect of matters before the Land and Environment Court is to be made in accordance with any agreement reached during the proceedings or, if no such agreement is reached, in accordance with the decision of the Court.

(2) Subject to any such agreement or decision:

(a) if the authority of the State gave the owner concerned a compensation notice--the authority is required to pay 90 per cent of the amount of compensation offered in the notice (as an advance payment) within 28 days after the authority is given notice of the institution of the proceedings or (if the owner does not accept that advance payment) the authority is required to pay 90 per cent of that amount into the trust account kept under this Part, or

(b) if the authority of the State did not give the owner concerned a compensation notice--the authority may (but is not required to) make an advance payment under this Part or pay an amount into the trust account kept under this Part.