(1) As compensable loss occurs, money held in the Land and Environment Court
by way of compensation is to be paid out of court, on the application of any
person entitled to the compensation, in accordance with the agreement or order
under which it is payable.
(2) If, after the expiration of 6 months, and
before the expiration of 12 months, from the date on which the authorisation
concerned ceases to have effect, the whole or any part of an amount paid into
court under this section has neither been paid out nor ordered to be paid out,
the person who paid the amount into court may apply to the Land and
Environment Court for payment out to that person of the whole or any part of
that amount, and the Court may order the payment to be made.
(3) If, after
the expiration of 12 months from the date on which the authorisation concerned
ceases to have effect, the whole or any part of an amount paid into court
under this section has neither been paid out nor ordered to be paid out, the
Land and Environment Court may cause the whole or any part of that amount to
be paid into the Treasury for payment into the Consolidated Fund.
