Minerals Development Act 2017
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Rehabilitation acquisition order and compensation | ||
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151. (1) Where, immediately before a rehabilitation acquisition order is made by the Minister, any person had an estate or interest in the land acquired by the order, the person may, at any time after the making of the order, apply to the Minister for compensation. | ||
(2) After receiving an application and being satisfied that the applicant had an estate or interest in the land acquired by the rehabilitation acquisition order, the Minister shall, subject to section 152 , pay to the person by way of compensation an amount equal to the value (if any), on the date of the order, of that estate or interest together with interest at such rate as the Minister, with the prior consent of the Minister for Public Expenditure and Reform, may determine from time to time, on the amount from that date to the date of the payment. | ||
(3) The compensation to be paid shall, in default of agreement, be determined by arbitration under and in accordance with the Acquisition of Land (Assessment of Compensation) Act 1919 . |