Where –

(a) a claimant's entitlement to compensation has been admitted, and not subsequently rejected, by an acquiring authority or has been finally determined under Part 4 ; and

(b) the amount of compensation has been agreed or finally determined under Part 4 ; and

(c) the claimant has produced or surrendered all deeds and documents relating to, or evidencing, the claimant's title to the claimant's estate in the subject land that the authority reasonably requires to be produced or surrendered; and

(d) the claimant has executed the documents the authority reasonably requires to be executed –

the authority must pay to the claimant the agreed or determined amount of compensation, as the case may require, and any interest payable on that amount within the period of 60 days after the amount of compensation has been so agreed or determined, or the claimant's entitlement to compensation has been so admitted or determined, whichever occurs later.