Northern Territory Numbered Acts

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CO-OPERATIVES (NATIONAL UNIFORM LEGISLATION) ACT 2015 (NO 13 OF 2015) - SECT 19

Acquisition on just terms

If the operation of the Co-operatives National Law (NT) would, apart from this section, result in an acquisition of property from a person otherwise than on just terms:

    (a)     the person is entitled to receive from the Territory the compensation necessary to ensure the acquisition is on just terms; and

    (b)     a court of competent jurisdiction may decide the amount of compensation or make the orders it considers necessary to ensure the acquisition is on just terms.



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