New Zealand Legislation: Acts

21 Land may be purchased or improved for granting as compensation

• Any notifying authority, as defined in section 59 of this Act, may acquire any land under section 17 of this Act and develop and construct buildings on such land or on any other land owned by the notifying authority for the purpose of granting the land or any part of it in payment or satisfaction or in part payment or part satisfaction of the compensation payable to the person entitled for any land taken, purchased, or acquired for or in connection with a public work.

  Compare: 1928 No 21 s 32A; 1976 No 165 s 2