NTIn ForceAct
Business Tenancies (Fair Dealings) Act 2003
11FAcquisition on just terms
Start here
Get a plain-English read of 11F
Turn the raw legal text into a practical explanation grounded in Business Tenancies (Fair Dealings) Act 2003.
11F Acquisition on just terms
If the operation of a modification notice would, apart from this
section, result in an acquisition of property from a person otherwise
than on just terms:
(a) the person is entitled to receive from the Territory the
compensation necessary to ensure the acquisition is on just
terms; and
(b) a court of competent jurisdiction may decide the amount of
compensation or make the orders it considers necessary to
ensure the acquisition is on just terms.