单词 | compulsory purchase |
释义 | compulsory purchasecompulsory purchasecompulsory purchasecompulsory purchasecompulsory purchasecompulsory purchasethe process by which land is legally acquired for public use, irrespective of the wishes of the owners. There are two procedures under which this may be achieved: the first involves the service of a notice to treat (compensation is determined on the basis of the market value of the land at the date of the notice) or through a general vesting declaration by the acquiring authority, as a result of which the land vests in the authority from the date of the declaration. |
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