Full legislation
s.8
Compensation
(1)
Subject to this section, the Authority may, with the prior approval of the Chief
Executive, pay to the owner or lawful occupier of a proposed monument or monument
compensation in respect of financial loss suffered or likely to be suffered by him
by reason
of—
(Amended
59 of 2000 s. 3
)
(a)
the exercise by the Authority, or by a designated person authorized by him,
of the powers specified in
section 5(1)
; or
(b)
a refusal to grant a permit or any conditions imposed in a
permit.
(2)
The compensation shall be such amount as may
be—
(a)
agreed between the Authority and the owner or lawful occupier of the
proposed monument or monument; or
(b)
assessed by the District Court under
section 9
.
(3)
No compensation shall be awarded under this section in respect of financial
loss which has been or may be suffered in connexion with a contract made or anything
done by the owner or lawful occupier of the proposed monument or monument after the
service of a notice under
section 2A(4)
or
section
4(2)
.