Compensation
When will compensation be paid?
Where a negotiated Option for Easement is agreed, easement compensation (80%) is generally paid at the time the option is exercised, with the balance paid at the time the easement is registered on the land title, which will be detailed in the Option for Easement.
Where an easement is acquired compulsorily, compensation will be paid in accordance with the provisions of the Land Acquisition and Compensation Act 1986 (Vic).
We began sending landholders compensation valuations for the right to acquire an easement in their property for the proposed Western Renewables Link project in August 2023.