56GAcquisition of land, &c.

56G Acquisition of land, &c.

(1)  A regulated entity is an acquiring authority under the Land Acquisition Act 1993 and may acquire land under that Act for the purposes of the operations that the regulated entity is authorised to carry on under its licence.

(2)  Without limiting subsection (1) , a regulated entity –

(a) is taken to be a public authority for the purposes of section 90A(1) of the Conveyancing and Law of Property Act 1884 and, accordingly, may acquire by compulsory process an easement referred to in that section; and

(b) may enter into, or acquire, the benefit of a covenant in gross, within the meaning of section 90AB of that Act.

(3)  Notwithstanding subsections (1) and (2) , a regulated entity may acquire land by compulsory process only if the acquisition is authorised in writing by the Minister.

(4)  Regulations may be made under this Act modifying the Land Acquisition Act 1993 in its application to the acquisition of land by regulated entities under that Act, but not so as to affect the monetary entitlements of persons from whom land is acquired.