198   Agreement or determination to lapse if land is not acquired within 12 weeks

(1)  If land for which compensation has been agreed to or determined is not acquired under this Division within 12 weeks after the agreement was approved or the determination was made, as the case requires, the agreement or determination ceases to have effect.

(2)  A person entitled to compensation may ratify such an agreement or determination, whether or not it has lapsed under this section, but no later than 12 months after the date on which the agreement was entered into or the determination was made.

(3)  An agreement or determination ratified under this section continues in force for 12 weeks from the date of ratification and then lapses unless within that period the land to which it relates is acquired under this Division.

(4)  If an agreement or determination made in respect of a claim for compensation has lapsed under this section and no ratification of the agreement or determination under this section is currently in force, the provisions of this Division apply to the claim as if no such agreement or determination had been made.