s 40B Time for, and manner of, claiming for compensation
40B.—(1) Every claim for compensation under this Part must be in writing.[12/2015] (2) Subject to subsection (4), if a claim for compensation for an item of loss, damage or cost set out in the first column of the Fourth Schedule is not served on the Board before the expiry of the relevant period specified in subsection (3) for that item, the right to claim compensation for that item is barred and any late claim may be disregarded.[12/2015] (3) The period within which a claim for compensation for an item of loss, damage or cost set out in the first column of the Fourth Schedule must be served on the Board is as follows:(a) for a claim for loss due to displacement of any person in lawful occupation of the premises on the date of the notice under section 24A(3) or 32(2) — 2 years starting from the date of that notice; (b) for a claim for structural damage to any building resulting from the occupation and use of the premises under section 24A(1) or 32(1) — 6 years starting from the date those premises are returned; (c) for a claim for other damage to any premises — 6 years starting from the date those premises are returned; (d) for a claim for removal of any object or structure which was erected and maintained without contravention of any written law — one year from the date of removal, or the date of reinstatement or replacement, whichever is applicable.[12/2015] (4) The Board may extend the period referred to in subsection (3) within which a claim must be served upon it if an application for the extension is made to the Board, either before or after the expiry of that period, and the Board considers —(a) that the delay in serving the claim was occasioned by mistake of fact or mistake of any matter of law (other than this Act) or by any other reasonable cause; or (b) that the Board is not materially prejudiced by the delay.[12/2015] (5) An extension may be granted by the Board under subsection (4) with or without conditions, and for such period as the Board thinks fit, but in no case exceeding 6 years from the time when the right to compensation first arose.[12/2015]