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Auckland Airport heads to Supreme Court over land claim

Friday 12th February 2010

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Auckland International Airport Ltd. is heading to the Supreme Court over a claim by the Craigie Trust, a property owner adjacent to the airport, for the return of airport land taken under the Public Works Act.

Craigie lost in the High Court in 2008 and the Court of Appeal in September last year, and is now seeking leave to appeal to the Supreme Court over 36.4 hectares of land originally earmarked for an aerodrome and now housing corporate offices, shops and parking facilities.
 
The trust claims the land should be offered back under the Public Works Act, having been taken in the 1970's for an essential purpose and now being used for purposes not directly related to running an airport.
 
The Court of Appeal dismissed the claim as the land is still required for a public work, AIA said in a statement to the NZX. Further, the Court of Appeal ruled that even if not required for a public work it would be unfair, unreasonable and impracticable to require the land to be offered back."

The shares rose 0.5% to $1.87 in trading today, and have shed 6.7% this year.

 

Businesswire.co.nz



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