AMP Capital Investors Limited and Anor v Transport Infrastructure Development Corporation (No 2) [2007] NSWLEC 465
NSW Caselaw
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Land and Environment Court
of New South Wales
CITATION : AMP Capital Investors Limited and Anor v Transport Infrastructure Development Corporation (No 2) [2007] NSWLEC 465
APPLICANTS
AMP Capital Investors Limited
PARTIES : AMP Macquarie Pty Limited
RESPONDENT
Transport Infrastructure Development Corporation
FILE NUMBER(S) : 30966 of 2003
CORAM: Pain J
KEY ISSUES: Compulsory Acquisition of Land :- final orders made
CASES CITED: AMP Capital Investors Limited and Anor v Transport Infrastructure Development Corporation [2007] NSWLEC 397
DATE OF JUDGMENT: 30 July 2007
APPLICANTS
Mr M Craig QC with Mr A Galasso
SOLICITORS
Mallesons Stephen Jaques
LEGAL REPRESENTATIVES:
RESPONDENT
Mr T Hale SC with Mr J Maston
SOLICITORS
Australian Government Solicitor
JUDGMENT:
THE LAND AND
ENVIRONMENT COURT
OF NEW SOUTH WALES
Pain J
30 July 2007
30966 of 2003 AMP Capital Investors Limited and Anor v Transport Infrastructure Development Corporation (No 2)
JUDGMENT
1 Her Honour: I handed down my decision in AMP Capital Investors Limited and Anor v Transport Infrastructure Development Corporation [2007] NSWLEC 397 on 2 July 2007 in which I determined an approximate amount for market value only. I asked the parties to confer and agree on an amount for market value which has now been done. The agreed figure is $1,115,000. For the reasons stated in my earlier judgment no compensation is payable to AMP.
2 I therefore issue final orders in this matter as follows:
1. The Court determines the amount of compensation to which the Applicant is entitled under Part 3 of the Land Acquisition (Just Terms Compensation) Act 1991 as nil.
2. Costs are reserved.
3. The exhibits are to be returned.
DISCLAIMER - Every effort has been made to comply with suppression orders or statutory provisions prohibiting publication that may apply to this judgment or decision. The onus remains on any person using material in the judgment or decision to ensure that the intended use of that material does not breach any such order or provision. Further enquiries may be directed to the Registry of the Court or Tribunal in which it was generated.
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