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Friday, March 29, 1974
STREET CLOSURES
Compensation Procedures Simplified
The procedure for compensating an owner or occupier of a
property affected by the alteration or closure of a street is to be
simplified under a new Bill gazetted today.
At present, compensation can be agreed between the government
and the occupier or owner of the properties affected.
If the two parties fail to agree, the owner or occupier will
have to lodge an objection and wait for consideration by the Governor
in Council before the claim can be referred to a tribunal for
adjudication.
Bill 1974
Under the new bill the Streets (Alteration) (Amendment)
the omer or occupier will be able to refer the clain
direct to a tribunal without first having to lodge the objection.
The principal ordinance, enacted in 1970, provides for compensation
to owners or occupiers who are likely to suffer financial loss or damage
when the street, in which their properties are located, is altcred or
closed indefinitely.
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