Download the guidance document below.
The NSW Valuer General is an independent statutory officer appointed by the NSW Governer General. They oversee the state's land valuation system. This includes setting the standards and policies for determining compensation.
In New South Wales, all levels of government (including state-owned corporations) can, where authorised, acquire privately owned land for a public purpose. These government agencies are known as acquiring authorities.
Where the acquiring authority is the NSW Government or local government, this acquisition process is set out in the Land Acquisition (Just Terms Compensation) Act 1991 (the Act). When the acquisition process occurs on a compulsory basis, the Valuer General is required to determine the amount of compensation to be paid by the acquiring authority to the landowner.
The Valuer General may delegate their determination functions to Value NSW (VNSW). VNSW may then prepare recommendation of compensation in-house or seek to engage external contractors.
For more about compulsory acquisitions see Compulsory acquisitions.
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