NAD Property Income Fund (Pty) Ltd v South African National Roads Agency Limited (2137/2020)
NAD Property Income Fund (Pty) Ltd v South African National Roads Agency Limited (2137/2020) [2024] ZALMPPHC 92 (7 August 2024)
The court found that both NAD and SANRAL raised issues of law and procedure that have not been authoritatively determined by the Supreme Court of Appeal, particularly regarding the calculation of 'actual financial loss' in expropriation and the deviation from the statutory costs formula. The court held that these matters are of sufficient importance and complexity to warrant appellate review. Accordingly, leave to appeal was granted to NAD on the compensation determination and to SANRAL on the costs order, with costs of the application to be costs in the appeal.
Source excerpt
- Expropriation Act
- Compensation For Expropriation
- Costs Orders
- Section 25 Constitution
- Leave To Appeal
- Judicial Discretion