274Payment out of court

#### 274 Payment out of court 274 Payment out of court > > (1) As compensable loss occurs, money held in the Land and Environment Court by way of compensation is to be paid out of court, on the application of any person entitled to the compensation, in accordance with the agreement or order under which it is payable. > > > (2) If, after the expiration of 6 months, and before the expiration of 12 months, from the date on which the authorisation concerned ceases to have effect, the whole or any part of an amount paid into court under this section has neither been paid out nor ordered to be paid out, the person who paid the amount into court may apply to the Land and Environment Court for payment out to that person of the whole or any part of that amount, and the Court may order the payment to be made. > > > (3) If, after the expiration of 12 months from the date on which the authorisation concerned ceases to have effect, the whole or any part of an amount paid into court under this section has neither been paid out nor ordered to be paid out, the Land and Environment Court may cause the whole or any part of that amount to be paid into the Treasury for payment into the Consolidated Fund. > > **s 274:** Am 2008 No 107, Sch 19 \[35\] \[38\] \[39\].