5Compensation

5 Compensation

5 Compensation

(1)

(a) Notwithstanding any provisions of this Act relating to the date at which the Church of England Property Trust, Diocese of Sydney, becomes entitled to the possession of any parcel of land described in the Second Schedule to this Act (other than the parcel described in the eighth part) the date as at which the amount of compensation payable under this Act in respect of such parcel is to be ascertained shall be the date of commencement of this Act.

(b) With regard to the parcel described in the said eighth part, the date as at which the value of the land is to be ascertained, shall be the date of commencement of this Act and the date as at which any compensation for disturbance, and in respect of the building, fixtures and machinery on such land is to be ascertained shall be the date upon which the said Trust becomes entitled to the possession thereof, and such compensation shall be ascertained on or after such date.

(c) No compensation shall be payable to the Municipal Council of Sydney:

(i) in respect of the parcel described in the fourth part of the Second Schedule until the fifteenth day of March, one thousand nine hundred and thirty-six, and interest shall be payable in respect of such compensation as from that date only,

(ii) in respect of the parcel described in the eighth part of the Second Schedule until the date upon which the said Trust becomes entitled to the possession of the said parcel, and interest shall be payable in respect of such compensation as from that date only.

(2) Any claim for compensation and any proceedings arising out of such claim may be made and taken by or against the Minister.

(3) Such sums as may become payable as compensation under this Act may be paid out of the Consolidated Revenue Fund without further appropriation than this Act.