AVG Forensic is highly experienced in assessing entitlements for businesses impacted by compulsory land acquisition.
We have consulted on hundreds of matters acting for both business owners and acquiring authorities, assisting parties to reach agreements on quantum of compensation for disturbance.
Our expertise specifically relates to the assessment of compensation called ‘disturbance’. In New South Wales, this legislation is called the Land Acquisition (Just Terms Compensation) Act 1991. Similar legislation exists in other states of Australia.
The term disturbance relates to an economic loss suffered by a dispossessed owner when required to vacate land taken by an acquiring authority.
We regularly act in the ‘pre-compulsory acquisition’ phase to quantify disturbance impacting business owners, including:
AVG Forensic is also regularly instructed in land acquisition matters which have proceeded to the compulsory acquisition stage, involving a determination of compensation issued by the Valuer General.
Our experts are regularly instructed by both solicitors acting on behalf of acquiring authorities and on behalf of affected business owners. Our experts have presented expert findings in conciliation conferences and during final trial hearing in the Land and Environment Court of New South Wales.
In matters where AVG Forensic is engaged, we have a high level of success in facilitating an agreement between the business owner and the acquiring authority.
Our wealth of experience means:
AVG Forensic provide clear and high quality forensic accounting and business valuation services which can be relied upon for the purpose of accurately assessing entitlements for businesses impacted by compulsory land acquisition. We adopt a systematic process based on years of experience. Please contact us to discuss how we can help.
How we help
We deliver high quality expert advice and reports on forensic accounting and business valuation issues.
Phone: +61 2 8188 4889
Level 57, 19-29 Martin Place
Sydney NSW 2000
Phone: +61 3 8658 4278
Level 40, 140 William Street
Melbourne VIC 3000