Update to maximum amount of compensation payable for disadvantage resulting from relocation for 2023-24
In accordance with Schedule 1A of the Land Acquisition (Just Terms Compensation) Act 1991 (Just Terms Act), the indexation of the maximum amount of compensation payable for disadvantage resulting from relocation has been approved by the Secretary of the Department of Planning and Environment (DPE).
From 1 July 2023, the maximum amount payable will be $91,560.
The amendment has been published on the NSW Legislation website.
The Centre for Property Acquisition publishes guidelines on how to ensure compensation is fair, transparent, consistent, evidence-based, and in line with the Just Terms Act. These guidelines can be found on the Property Acquisition Portal.
If you do not have access to the Portal, please email firstname.lastname@example.org