Australian Capital Territory Consolidated ActsWhere—
(a) a person who owns an interest in land suffers loss because of the exercise, in relation to the land, of powers conferred by part 2; and
(b) within 3 years after suffering the loss the person makes a claim for compensation in accordance with section 82 in respect of the loss;
the Executive is liable to pay to that person as compensation such amount as will justly compensate him or her for the loss.