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ADVANCE AUSTRALIA LOGO PROTECTION ACT 1984 - SECT 16
Compensation for acquisition of property
- (1)
- Where, but for this subsection, the operation of a provision of this Act
would result in the acquisition of property from a person by another person
otherwise than on just terms, there is payable to the first-mentioned person
by that other person such amount of compensation as is agreed upon between
those persons, or, failing agreement, as is determined by a court of competent
jurisdiction.
- (2)
- Any compensation recovered in proceedings that are
instituted under this section shall be taken into account in assessing damages
or compensation or giving any other remedy in proceedings that are instituted
otherwise than by virtue of this Act and that arise out of the same event or
transaction.
- (3)
- Any damages or compensation recovered or other remedy given
in proceedings that are instituted otherwise than by virtue of this Act shall
be taken into account in assessing compensation payable in proceedings that
are instituted under this section and that arise out of the same event or
transaction.
- (4)
- In this section, acquisition of property and just terms have
the same respective meanings as in paragraph 51(xxxi) of the Constitution.
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