TELSTRA CORPORATION ACT 1991 - SECT 41 Compensation for acquisition of property

TELSTRA CORPORATION ACT 1991 - SECT 41

  (1)   Where, but for this section, the operation of this Act (other than Part   2, 2A or 2B) would result in the acquisition of property from a person otherwise than on just terms, there is payable to the person by Telstra such reasonable amount of compensation as is agreed on between the person and Telstra or, failing agreement, as is determined by a court of competent jurisdiction.

  (2)   Any damages or compensation recovered, or other remedy given, in proceedings that are brought otherwise than under this section must be taken into account in assessing compensation payable in proceedings that are brought under this section and arise out of the same event or transaction.