AustLII Tasmanian Consolidated Acts

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LAND ACQUISITION ACT 1993 - SECT 65

65. Application of purchase-money or compensation where parties only entitled to sell because of this Part

      (1) Where land is acquired from a person who, except for this Part, would not be entitled to sell the land, the purchase-money or compensation for the land is to be, with the consent of all interested parties, paid to a trustee subject to the trusts declared in the deed of trust.

      (2) Where a person

(a) is an infant or a person in respect of whose estate an administrator has been appointed under the Guardianship and Administration Act 1995; and

(b) is interested in, or entitled to receive, any purchase-money or compensation under this Act –

the person's consent to any application or disposition of the purchase-money or compensation may be given by the person's guardian or that administrator on the person's behalf or the purchase-money or compensation may be paid to that guardian or administrator.

      (3) Where all the interested parties referred to in subsection (1) do not consent to the payment of purchase-money or compensation to a trustee, the acquiring authority must apply to the Court for a determination in relation to the application of the purchase-money or compensation.



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