New South Wales Consolidated Acts

GOVERNMENT TELECOMMUNICATIONS ACT 1991 - SECT 11

11 Subsisting private interests in infrastructure

(1) If any part of the infrastructure of a telecommunications network that is vested in the Authority under this Act was, immediately before the vesting, subject to any charge or other interest, the vesting extinguishes that charge or other interest. However, compensation is payable by the Authority to any person (other than a Government agency) who had that charge or other interest and who suffers any loss as a result of the extinguishing of the charge or interest.

(2) If any part of the infrastructure of a telecommunications network that is vested in the Authority under this Act was, immediately before the vesting, owned by a person other than a Government agency, the vesting does not transfer the ownership of that part of the infrastructure but merely transfers to the Authority the interest of the Government agency concerned in that part of the infrastructure immediately before its vesting.