(1) Subject to Article 20 of the Constitution, the President may authorise the occupation and use of a land to which this Act applies for a purpose which, in the opinion of the President is conducive to the public welfare or the interests of the State, and may pay into the appropriate account out of moneys provided by Parliament an annual amount of money which appear to the President, considering
(a) the value of the land, and
(b) the benefits derived by the people of the area in which the land is situated from the use of the land,
to be proper payments to be made for the land; and the moneys so paid into the account shall be applied in the same way as other revenues collected under this Act.
(2) Where the President authorises the occupation and use of a land under this section, the President shall publish a notice in the Gazette giving particulars of the land, of the use to which it is intended to be put, and of the payments which it is intended to make under this section in respect of that use of the land.
(3) Where a person suffers special loss by reason of disturbance as the result of an authorisation under this section that person shall, out of moneys provided by Parliament, be paid such compensation that the Minister or, on appeal, the appeal tribunal, may determine.
(4) A person dissatisfied with the failure of the Minister to grant compensation or with the amount of such compensation may appeal to the appeal tribunal.
(5) An appeal shall be lodged with the Minister for transmission to the tribunal within three months of publication of the notice referred to in subsection (2).
