VET Student Loans Act 2016
If the operation of this Act would result in an acquisition of property from a person otherwise than on just terms, the Commonwealth is liable to pay a reasonable amount of compensation to the person.
113(2)
If the Commonwealth and the person do not agree on the amount of the compensation, the person may institute proceedings in a court of competent jurisdiction for the recovery from the Commonwealth of such reasonable amount of compensation as the court determines.
113(3)
In this section:
acquisition of property
has the same meaning as in paragraph 51(xxxi) of the Constitution.
just terms
has the same meaning as in paragraph 51(xxxi) of the Constitution.
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