The Urban Taskforce welcomes the Governments continued review of the Land Acquisition (JustTerms Compensation) Act 1991 (“the Act”). It is encouraging to note that the recently released JustTerms Compensation Legislation Consultation Paper (the consultation paper) acknowledges thatthere is general concern with the impacts of compulsory acquisition of private land and notes theprevious comments from the Urban Taskforce provided via correspondence dated 15th June 2012.
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The Urban Taskforce regularly releases information on the challenges facing the property development industry and our responses to it.
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