Air Navigation and Transport Act, 1988

Amendment of section 8 of Act of 1950.

31.—Section 8 (which relates to entry on land, etc., compulsorily acquired under the Principal Act before conveyance or ascertainment of compensation) of the Act of 1950 is hereby amended by the substitution for paragraph (a) of subsection (3) of the following paragraph:

“(a) subject to paragraph (b) of this subsection, the Minister shall pay to the person, who is the occupier of that land or the owner of that water right, interest on the amount of the compensation payable to such person at such rate as the Minister for Finance may, from time to time, determine from the date on which such power was exercised until payment of such compensation,”.