South Australian Current Acts South Australian Current Acts (1) The Authority may
increase the amount of compensation payable to a person in relation to the
acquisition of land by the prescribed amount by way of solatium if—
(a) at
the time the notice of intention to acquire land was given in relation to the
land, the person was an owner and occupier of the land; and
(b) as a
result of the acquisition of the land, the person's principal place of
residence was acquired.
(2) A payment of
solatium under this section is to be made on final resolution of the amount of
compensation payable under this Act in respect of the acquisition of the
relevant land.
(3) Despite any other
provision of this Act, or any other Act or law, no interest is payable in
relation to a payment of solatium under this section.
(4) In this
section—
"prescribed amount" means—
(a) 10%
of the market value of the land; or
(b)
—
(i)
if the regulations prescribe an amount for the purposes
of this paragraph—that amount; or
(ii)
if the regulations do not prescribe an amount for the
purposes of this paragraph—$50 000,
whichever is the lesser amount.