Share on LinkedInShare on LinkedIn

ARTICLE · 17 MARCH 2017

Getting to know the new Queensland Planning Act 2016: Compensation

Compensation arrangements for planning changes that reduce the value of land are referred to as adverse planning changes.

AustraliaReal Estate and Construction

When and how you can claim compensation will depend upon the type of adverse planning change.

This article is the fourth in our series examining the key provisions of the new Planning Act which is expected to commence on 3 July 2017.

Compensation arrangements, in relation to planning changes that reduce the value of interest in land, carry forward from the Sustainable Planning Act 2009 (Qld) (SPA) and are now referred to as "adverse planning changes". New arrangements are in place for planning changes made as a result of natural hazards.

Adverse planning change

A person with an interest in premises at the time an adverse planning change starts to have effect for the premises (an affected owner), may claim compensation under the Planning Act because of the adverse planning change. An adverse planning change is a planning change that reduces the value of an interest in premises (which does not include the making or amending of a Temporary Local Planning

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from