Collex Pty Limited v Roads and Traffic Authority of New South Wales [2006] NSWLEC 579

Land and Environment Court of New South Wales

CITATION : Collex Pty Limited v Roads and Traffic Authority of New South Wales [2006] NSWLEC 579

APPLICANT Collex Pty Limited PARTIES : RESPONDENT Roads and Traffic Authority of New South Wales

FILE NUMBER(S) : 31175 of 2004

CORAM: Talbot J

KEY ISSUES: Compulsory Acquisition of Land :- Application of discounted cash flow methodology - valuation of airspace.

Environmental Planning and Assessment Act 1979 LEGISLATION CITED: Land Acquisition (Just Terms Compensation) Act 1991 Roads Act 1993

Adelaide City Corp v City of Port Adelaide Enfield (2001) 115 LGERA 136; Albany & Ors v Commonwealth of Australia (1976) 12 ALR 201; Bezzina Developers Pty Ltd v Leichhardt Municpal Council [2006] NSWLEC 175; Blacktown City Council v Fitzpatrick Investments [2001] NSWCA 259; Boland v Yates (1999) 167 ALR 575; Collex v RTA [2005] NSWLEC 601; Commonwealth Bank of Australia v Hattersley (2001) 51 NSWLR 333; CASES CITED: Downie v Sorell Council (2005) 141 LGERA 304; EPA v Alkem Drums Pty Ltd (1996) 93 LGERA 83; EPA v Taylor Woodrow (No. 2) (1997) 97 LGERA 368; Ironhill Pty Ltd v Transgrid (2004) 139 LGERA 398; Macarbell Pty Ltd v RTA [2006] NSWLEC 366; Mir Brothers Unit Construction Ltd v RTA [2004] NSWLEC 612; Spencer v The Commonwealth (1907) 5 CLR 418; Yates Property Corp Pty Ltd (In Liquidation) v Darling Harbour Authority (1991) 24 NSWLR 156