81Entitlement to compensation—pre-acquisition declaration

81 Entitlement to compensation—pre-acquisition declaration made but acquisition not proceeded with (a) a pre-acquisition declaration is revoked or ceases to have effect because of section 35 (2); and

Claims for, and offers of, compensation Division 7.2 (b) a person who, when the declaration was in force, was an owner of an interest affected by the declaration, suffers loss as a direct, natural and reasonable consequence of the making of the declaration; and (c) within 3 years after the declaration is revoked or ceases to have effect, the person claims compensation in accordance with section 82; the Executive is liable to pay to the person as compensation such amount as will justly compensate him or her for the loss.