Sections 96(6) of the 2000 Act and section 3(6) of the Bill, as drafted, favour developers and landowners who had purchased or acquired land immediately prior to 25 August 1999. Those who have owned land for a longer period are penalised by virtue of the fact that they did not sell or transfer land in the period preceding the publication of the Bill in 1999. To be equitable, compensation should be payable to landowners based on the market value on 25 August 1999 plus index or holding costs, whichever is lower. This provision is unfair to families and elderly landowners who have held on to land for generations.