14ACompulsory acquisition of land

14A Compulsory acquisition of land

14A Compulsory acquisition of land

(1) Property and Development NSW may acquire land, by agreement or compulsory process, under the Land Acquisition (Just Terms Compensation) Act 1991 for the following purposes—

(a) the achievement of Property and Development NSW’s principal objectives under section 10,

(b) the exercise of Property and Development NSW’s functions under this part.

(2) To avoid doubt, subsection (1) does not authorise a private subsidiary corporation to acquire land, by agreement or compulsory process, under the Land Acquisition (Just Terms Compensation) Act 1991.

s 14A: Ins 2024 No 27, Sch 1[18].