Victorian Current Acts

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ALCOA (PORTLAND ALUMINIUM SMELTER) ACT 1980 - SECT 8

Power to terminate existing lease

S. 8(1) amended by No. 9635/1981 s. 2(2)(Sch. item 40).

    (1)     The Governor in Council may terminate any lease of or with respect to land which is unalienated Crown land or is vested in any public statutory corporation (including but without limiting the generality of the foregoing the Port of Portland Authority) prior to the grant to the company of any lease easement licence or other authority of or with respect to such land in accordance with the provisions of this Act and may pay an amount by way of compensation in respect of such termination.

S. 8(2) amended by No. 121/1986
s. 112(Sch.).

    (2)     In determining whether any or what amount is to be paid by way of compensation in respect of any termination of lease under subsection (1) the Governor in Council shall in each case have regard to and is hereby empowered and directed to determine the compensation payable as the Governor in Council thinks just to award in the particular circumstances of the case having regard to the principles set out in Part 4 of the Land Acquisition and Compensation Act 1986 .

S. 9
amended by No. 10115/1984 s. 12.



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