sec.153AEFinal negotiations with owner of land

### sec.153AE Final negotiations with owner of land After approval, under section 153AC (2) , of the project as a private infrastructure facility, the proponent of the project must— negotiate 1 final time with the registered owner of the subject land and make the registered owner a final unconditional offer to purchase the land; and at the start of the negotiations, give the registered owner the required information; and give the Coordinator-General evidence of compliance with paragraphs (a) and (b) . The final unconditional offer under subsection (1) (a) must— be in writing; and offer to purchase the subject land subject only to any statutory requirements that apply to the purchase of the land; and state the amount the proponent is offering to pay for the subject land; and if the land required for the project is an easement—include the terms of the easement; and include an offer to pay any reasonable costs incurred by the registered owner in seeking a land valuation or legal advice in respect of the offer; and state the period (the offer period ) for which the offer has effect. The offer period must be for at least 10 business days after the day the final unconditional offer is given to the registered owner. In this section— required information means— information updating information about the project, or the land required for the project, previously given to the registered owner by the proponent; and information outlining any change, or proposed change, to the project, or the land required for the project, of which the registered owner has not previously been advised by the proponent. s 153AE ins 2012 No. 43 s 314 amd 2014 No. 40 s 62 (sec.153AE-ssec.1) After approval, under section 153AC (2) , of the project as a private infrastructure facility, the proponent of the project must— negotiate 1 final time with the registered owner of the subject land and make the registered owner a final unconditional offer to purchase the land; and at the start of the negotiations, give the registered owner the required information; and give the Coordinator-General evidence of compliance with paragraphs (a) and (b) . (sec.153AE-ssec.2) The final unconditional offer under subsection (1) (a) must— be in writing; and offer to purchase the subject land subject only to any statutory requirements that apply to the purchase of the land; and state the amount the proponent is offering to pay for the subject land; and if the land required for the project is an easement—include the terms of the easement; and include an offer to pay any reasonable costs incurred by the registered owner in seeking a land valuation or legal advice in respect of the offer; and state the period (the offer period ) for which the offer has effect. (sec.153AE-ssec.3) The offer period must be for at least 10 business days after the day the final unconditional offer is given to the registered owner. (sec.153AE-ssec.4) In this section— required information means— information updating information about the project, or the land required for the project, previously given to the registered owner by the proponent; and information outlining any change, or proposed change, to the project, or the land required for the project, of which the registered owner has not previously been advised by the proponent. - (a) negotiate 1 final time with the registered owner of the subject land and make the registered owner a final unconditional offer to purchase the land; and - (b) at the start of the negotiations, give the registered owner the required information; and - (c) give the Coordinator-General evidence of compliance with paragraphs (a) and (b) . - (a) be in writing; and - (b) offer to purchase the subject land subject only to any statutory requirements that apply to the purchase of the land; and - (c) state the amount the proponent is offering to pay for the subject land; and - (d) if the land required for the project is an easement—include the terms of the easement; and - (e) include an offer to pay any reasonable costs incurred by the registered owner in seeking a land valuation or legal advice in respect of the offer; and - (f) state the period (the offer period ) for which the offer has effect. - (a) information updating information about the project, or the land required for the project, previously given to the registered owner by the proponent; and - (b) information outlining any change, or proposed change, to the project, or the land required for the project, of which the registered owner has not previously been advised by the proponent.