New South Wales Consolidated Acts

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HAY IRRIGATION ACT 1902 - SECT 19B

Purchase price of leased lands

19B Purchase price of leased lands

(1) The purchase price, for the purposes of section 19A, of land (excluding any improvements owned by a lessee who is purchasing the land) is to be determined by the Ministerial Corporation as at the date of notification of a person’s intention to purchase the land.
(2) The Ministerial Corporation is, on determining a purchase price for the land, to give notice of the determination to the person intending to purchase the land.
(3) The notice must include information to the effect that the intended purchaser may object to the purchase price determined by the Ministerial Corporation.
(4) The Ministerial Corporation is to consider any objection lodged and by notice inform the objector:
(a) whether the determination of the purchase price is to stand or be varied, and
(b) that the objector, if dissatisfied with the Ministerial Corporation’s decision, may appeal as provided by subsection (5).
(5) An appeal against the Ministerial Corporation’s decision lies:
(a) to the local land board (within the meaning of the Crown Lands Act 1989 ) if the purchase price determined does not exceed $150,000 or such greater amount as may be prescribed, or
(b) in any other case, to the Land and Environment Court.
(6) The local land board, or the Court, on hearing the appeal, may affirm the Ministerial Corporation’s determination or substitute its own.



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