Port Authorities Act 1999 - 26 Port property may be taken back by the Crown

Port Authorities Act 1999	1 October 2004 TO Current Word Version PDF Version

Part 3 - Port areas and property of port authorities


26 Port property may be taken back by the Crown

26. Port property may be taken back by the Crown

(1) For the purposes of this Act, the Governor may by order withdraw any vested real or personal property, or any property referred to in section 25(2)(a), from a port authority and vest or revest that property in the Crown.

(2) If as a result of an order under subsection (1) a port authority will lose the use of improvements that it has effected on land in performing its functions, the port authority is entitled to compensation from the State for the depreciated value of those improvements.

- Port Authorities Act 1999 - 33.pdf