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Purpose

To explore value vs worth in the context of compulsory acquisition.

Design/methodology/approach

Analysis of statutory environment within the context of valuation theory.

Findings

Value and worth could be reconciled by redefining special value in Act.

Research limitations/implications

Public policy amendment.

Practical implications

Public policy amendment.

Social implications

Facilitate just compensation.

Originality/value

Topical issue in New South Wales, where massive compulsory acquisition programme underway to facilitate infrastructure development.

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