New South Wales Consolidated Acts

STATE SPORTS CENTRE TRUST ACT 1984 - SECT 22

22 Vesting of certain trust land in Roads and Traffic Authority

(1) So much of the original land as is comprised in Lots 8 and 12 in Deposited Plan 778665 is vested in the Roads and Traffic Authority.

(2) The land that is vested in the Roads and Traffic Authority by this section is taken to have been acquired by the Authority by compulsory process under the Land Acquisition (Just Terms Compensation) Act 1991 as if this section were an acquisition notice under that Act published on the date of commencement of this section. The provisions of that Act (Division 1 of Part 2 excepted) apply accordingly.

(3) Despite subsection (2), Part 3 of the Land Acquisition (Just Terms Compensation) Act 1991 (Compensation for acquisition of land) does not apply to the compulsory acquisition of the land from the Trust but the amount of compensation to be paid to the Trust for that acquisition is to be determined by the Valuer-General.

(4) The land that is vested in the Roads and Traffic Authority by this section ceases, on being so vested, to be original land.