123 Differences as to price to be settled by arbitration U.K.
If any person entitled to such pre-emption be desirous of purchasing any such lands, and such person and the promoters of the undertaking do not agree as to the price thereof, then such price shall be ascertained by arbitration, and the expences of such arbitration shall be in the discretion of the arbiters.
Modifications etc. (not altering text)
C1S. 123 incorporated by Enterprise and New Towns (Scotland) Act 1990 (c. 35, SIF 64), s. 8(11)(a)