125Compensation—acquisition of property

125 Compensation—acquisition of property (1) If, apart from this section and another section of this Act that deals with compensation— (a) the operation of any provision of this Act would result in the acquisition of property from a person otherwise than on just terms; and (b) the acquisition would be unlawful because of the Self-Government Act, section 23 (1); the person acquiring the property (the acquirer) is liable to pay reasonable compensation to the other person for the acquisition. (2) If the acquirer and the other person do not agree on the amount of compensation, the other person may, by proceeding in a court of competent jurisdiction or the ACAT, recover from the acquirer the reasonable compensation that the court or tribunal decides.

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