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(1)In this section “relevant land” means any land or new rights over any land acquired by the Authorities.
(2)In assessing the compensation payable to any person on the acquisition by the Authorities from him of any relevant land, the tribunal shall—
(a)have regard to the extent to which the remainder of the land or the remaining contiguous or adjacent lands belonging to the same person may be benefited by any of the works; and
(b)set off against the value of the relevant land any increase in value of the remainder of the land or the remaining contiguous or adjacent lands belonging to the same person which will accrue to him by reason of the construction of any of the works.
(3)The Act of 1961 shall have effect subject to the provisions of this section.
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