Australian Capital Territory

Lands Acquisition Regulations 1999
Subordinate Law 1999 No 30

The Australian Capital Territory Executive makes the following regulations under the Lands Acquisition Act 1994.
	Dated 10 November 1999.
brendan smyth
Minister
gary humphries
Minister

1 	Name of regulations
	These regulations are the Lands Acquisition Regulations 1999.
2 	Commencement
	These regulations commence on the day they are notified in the Gazette.
3 	Definition
	In these regulations, the following definition applies unless the contrary intention appears:
Act means the Lands Acquisition Act 1994.
4 	Interest payable on compensation
	For subsections 76 (2) and 96 (2) of the Act, the rate of interest payable on compensation is the rate that is the assessed secondary market yield for 5-year non-rebate Treasury bonds, published by the Reserve Bank of Australia for a month for which the Executive is liable to pay compensation to the relevant claimant under the relevant Part of the Act.
	
Endnote
Notification
1	Notified in the Gazette on 24 November 1999.

©  Australian Capital Territory 1999