XN000022-1974-03-29 — Page 16

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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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