(1)Part VII of the 1972 Act (which provides for compensation in respect of planning decisions restricting new development) is (with the exception of section 145 (determination of claims)) repealed.
(2)Section 158 of the 1972 Act (compensation for planning decisions restricting development other than new development) is repealed.
(3)Section 160 of the 1972 Act (compensation for refusal of consent to alteration, etc. of listed building) is repealed.
(4)Schedules 13, 14 and 15 of the 1972 Act are repealed.
(5)The repeal of sections 158 and 160 of the 1972 Act shall have effect, or be treated as having effect, where the application for planning permission or, as the case may be, listed building consent was made on or after 16th November 1990.
(6)Schedule 12 to this Act shall have effect.
(7)Subsection (1) of this section shall have effect in relation to any compensation under Part VII of the 1972 Act unless a claim for the compensation has been made in accordance with section 143 of this Act before the repeal of that section comes into force.
(8)Any amount recoverable under section 148 of the 1972 Act which has not been paid, including any interest on any such amount, shall cease to be recoverable and any security by which the payment of any such amount, or interest on it, is secured is discharged.