Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) A person who considers that he or she is entitled to be paid compensation in accordance with this part may make a claim for compensation.
(2) A claim—
(a) shall specify—
(i) the interest of the person that has been acquired by compulsory process; and
(ii) the amount of compensation the person claims in respect of the acquisition; and
(iii) if the claim is in respect of the acquisition of a mortgage interest under a mortgage—the amounts that, for division 6.3, are the amounts of—
(A) principal secured by the mortgage at the time of the acquisition of the interest; and
(B) any interest, costs and charges due under the mortgage at that time; and
(b) shall be given to the Executive.
Note If a form is approved under s 118 (Approved forms) for a claim, the form must be used.
(3) A person who has made a claim may, by notice in writing given to the Executive, withdraw the claim.
(4) Where a claim is withdrawn, this Act has effect as if the claim had never been made.
(5) For this Act, a claim shall be taken to be made when it is given to the Executive.
(6) The Executive must decide a claim within 42 days after the day the claim is made.
(7) The claimant may agree in writing to an extension of the 42-day period before the end of the period.