Economic Development Act 2012
sec.20FCosts of taking land under s 20A
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sec.20F Costs of taking land under s 20A
Before MEDQ takes land under section 20A , MEDQ may enter into an agreement with an entity about the costs of taking the land. The agreement may require the person to give a guarantee or provide security to MEDQ for the costs. If the person does not pay to MEDQ the costs of taking the land in accordance with the agreement, MEDQ may recover the costs from the person as a debt owing by the person to MEDQ. In this section— costs , of taking land, includes— operational, administrative and legal costs; and any compensation assessed under the Acquisition of Land Act 1967 for the taking of the land. s 20F ins 2024 No. 32 s 15 (sec.20F-ssec.1) Before MEDQ takes land under section 20A , MEDQ may enter into an agreement with an entity about the costs of taking the land. (sec.20F-ssec.2) The agreement may require the person to give a guarantee or provide security to MEDQ for the costs. (sec.20F-ssec.3) If the person does not pay to MEDQ the costs of taking the land in accordance with the agreement, MEDQ may recover the costs from the person as a debt owing by the person to MEDQ. (sec.20F-ssec.4) In this section— costs , of taking land, includes— operational, administrative and legal costs; and any compensation assessed under the Acquisition of Land Act 1967 for the taking of the land.
- (a) operational, administrative and legal costs; and
- (b) any compensation assessed under the Acquisition of Land Act 1967 for the taking of the land.