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Land Compensation Act 1961, Part III is up to date with all changes known to be in force on or before 23 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Textual Amendments
10E+WFor the avoidance of doubt it is hereby declared—
(a)that, in assessing in the circumstances described in paragraph 4A in the first column of Part I of this Schedule the increase or diminution in value to be left out of account by virtue of section 6 of this Act, no increase or diminution in value is to be excluded from being left out of account; and
(b)that, in assessing in those circumstances the increase in value to be taken into account by virtue of section 7 of this Act, no increase in value is to be excluded from being taken into account,
merely because it is attributable—
(i)to any development of land which was carried out before the area was designated as an urban development area;
(ii)to any development or prospect of development of land outside the urban development area;
(iii)to any development or prospect of development of land by an authority other than the acquiring authority, possessing compulsory purchase powers.
11E+WParagraph 10 of this Schedule shall have effect in relation to any increase or diminution in value to be left out of account by virtue of any rule of law relating to the assessment of compensation in respect of compulsory acquisition as it has effect in relation to any increase or diminution in value to be left out of account by virtue of section 6 of this Act.
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