LAND ADMINISTRATION ACT 1997 - SECT 241
LAND ADMINISTRATION ACT 1997 - SECT 241
241 . How compensation to be determined
(1) In determining the
amount of compensation (if any) to be offered, paid, or awarded for an
interest in land taken under Part 9, regard is to be had solely to the matters
referred to in this section.
(2) Regard is to be
had to the value of the land with any improvements, or the interest of the
claimant in the land, assessed as on —
(a) in
the case of an interest taken for a railway or other work authorised by a
special Act — the first day of the session of Parliament in which the
Act was introduced; or
(b) in
the case of an interest taken by agreement under section 168 — the date
of the execution of the agreement, unless the agreement provides otherwise; or
(c) in
the case of an interest to which paragraphs (a) and (b) do not apply —
the date of the taking,
and discounting any
increase or decrease in value attributable to the proposed public work.
(3) If a notice of
intention was registered in relation to the interest on a date before the date
referred to in subsection (2), and a transaction relating to the land made
between those dates affected the value of the interest, regard may be had to
the value of the interest assessed as at the date referred to in subsection
(2) and discounting the effect of the transaction.
(4) No regard is to be
had to the value of any improvements made without the consent of the Minister
after the registration of a notice of intention.
(5) Subject to
subsection (4), in the case of a railway or other work authorised by a special
Act, the value of any improvements made after the first day of the session of
Parliament in which the Act was introduced but before the registration of the
taking order are to be allowed, not exceeding their actual cost.
(6) Regard is to be
had to the loss or damage, if any, sustained by the claimant by reason of
—
(a)
removal expenses; or
(b)
disruption and reinstatement of a business; or
(c) the
halting of building works in progress at the date when the interest is taken
and the consequential termination of building contracts; or
(d)
architect’s fees or quantity surveyor’s fees actually incurred by
the claimant in respect of proposed buildings or improvements which cannot be
commenced or continued in consequence of the taking of the interest; or
(e) any
other facts which the acquiring authority, the court, or the State
Administrative Tribunal considers it just to take into account in the
circumstances of the case.
(7) If the fee simple
in land is taken from a person who is also the holder in fee simple of
adjoining land, regard is to be had to the amount of any damage suffered by
the claimant —
(a) due
to the severing of the land taken from that adjoining land; or
(b) due
to a reduction of the value of that adjoining land,
however, if the value
of any land held in fee simple by the person is increased by the carrying out
of, or the proposal to carry out, the public work for which the land was
taken, the increase is to be set off against the amount of compensation that
would otherwise be payable under paragraph (b).
(8) If the interest in
land is taken without agreement, an amount considered by the court or the
State Administrative Tribunal or, for the purposes of making an offer, by the
acquiring authority, appropriate to compensate for the taking without
agreement may be added to the award or offer.
(9) The additional
amount under subsection (8) must not be more than 10% of the amount otherwise
awarded or offered, unless the court or the State Administrative Tribunal, or,
for the purposes of making an offer, the acquiring authority, is satisfied
that exceptional circumstances justify a higher amount.
(10) If the interest
in land taken produces any rent or profits, then at the option of the
acquiring authority, either —
(a) the
amount of the rent or profits received by the acquiring authority, less the
reasonable cost of collection, for the period from the date of registration of
the taking order to the date of the payment of compensation or the date of the
award, whichever is earlier, is to be added to the compensation payable; or
(b)
interest is to be paid on the amount of compensation for the same period, at
the rate of 6% per annum, or such higher rate as the acquiring authority, the
court, or the State Administrative Tribunal considers adequate having regard
to the circumstances of each case,
but if the interest in
land ceases to produce any rent or profits after the taking, interest is to be
paid in accordance with paragraph (b).
(11) If the interest
in land taken does not produce any rents or profits, interest is to be paid at
the rate prescribed under section 8(1)(a) of the
Civil Judgments Enforcement Act 2004 as at the date of entry for construction
or carrying out of the work or the date of registration of the taking order,
whichever is earlier, and the interest is payable from —
(a) the
date of the service of the claim on the acquiring authority; or
(b) the
date of entry for construction or carrying out of the work,
whichever is earlier,
to the date —
(c) when
the offer was served on the claimant, if the compensation awarded by the State
Administrative Tribunal or the court of competent jurisdiction is not more
than the amount offered by the acquiring authority; or
(d) of
settlement of the claim, in any other case.
(12) Subject to
subsections (10) and (11) —
(a) when
any amount representing an advance payment of compensation is paid to a
claimant, interest on the total amount of compensation is payable only to the
date of the first payment, and interest is payable thereafter only on the
balance outstanding from time to time; and
(b) when
any amount is offered by the acquiring authority as an advance payment of
compensation under section 248 and the offer is not accepted by the claimant
within 30 days of the day on which it was made, no interest is payable
thereafter in respect of the amount so offered.
(13) If —
(a) the
amount of any purchase money or compensation, or any payment on account, is
payable under this Part or Part 9; and
(b) the
acquiring authority causes a notice to be published once in a daily newspaper
circulating throughout the State stating that the authority intends to make
the payment; and
(c) 3
months after the publication of the notice, no person has been able, or being
able has not agreed, to give a sufficient discharge and receipt in respect of
that amount, or any portion of that amount,
the acquiring
authority may cause the moneys to be paid into the Supreme Court and dealt
with under section 249, and thereafter is not liable for any further interest
payment on the moneys.
[Section 241 amended: No. 74 of 2003 s. 72(4); No.
55 of 2004 s. 561 and 569; No. 8 of 2009 s. 83(3).]