Agri Wealth Management Pty Limited v Queanbeyan-Palerang Regional Council [2024] NSWLEC 1733

Land and Environment Court New South Wales

Medium Neutral Citation: Agri Wealth Management Pty Limited v Queanbeyan-Palerang Regional Council [2024] NSWLEC 1733 Hearing dates: Conciliation Conference on 18 October 2024 Date of orders: 15 November 2024 Decision date: 15 November 2024 Jurisdiction: Class 3 Before: Kempthorne AC Decision: The Court orders: (1) The Applicant's objection to the Compensation Notice dated 20 March 2024 issued by the Respondent to the Applicant in respect of the acquisition by the Respondent of the Applicant's land identified as Lots 107-111 in DP 1270300 being part of the land comprised in folios 126/755932, 127/755932 and 147/755932 (Applicant's Land) is upheld. (2) The amount of compensation payable to the Applicant by the Respondent for the acquisition of the Applicant's Land is determined to be $170,000. (3) The Court notes that the parties have agreed that each party is pay its own costs of the proceedings. Catchwords: COMPULSORY ACQUISITION – objection to the amount of compensation offered by the respondent – conciliation conference – agreement between the parties – orders Legislation Cited: Land and Environment Court Act 1979, s 34 Land Acquisition (Just Terms Compensation) Act 1991, ss 55, 56, 59, 66 Category: Principal judgment Parties: Agri Wealth Management Act Pty Limited (Applicant) Queanbeyan-Palerang Regional Council (Respondent) Representation: Counsel: J Ireland KC (Applicant) M Carpenter (Respondent)

Solicitor: McGirr and Associates (Applicant) Moray & Agnew (Respondent) File Number(s): 2024/222496 Publication restriction: Nil