CERA- compulsory acquisition


In the judgment of Minister for Canterbury Earthquake Recovery v Ace Developments Ltd & anor [2015] NZHC 1027 the High Court (Osborne AJ) has ordered that the defendants vacate a property at 115-117 Moorhouse Avenue that was subject to notice of acquisition by CERA in July/August 2014.  The defendants were the owner and lessee of the property.  The defendants unsuccessfully opposed the vacation order on the basis that there was no offer/agreement about compensation.