7 Compensation for general effect of storage authorisation order.E+W+S
Subject to section 10 of this Act, if a person entitled to an interest in land which consists of or comprises, or is held with, land in a storage area, being an interest subsisting on the date when the storage authorisation order comes into force, proves that the value of his interest on that date is depreciated by the making of the storage authorisation order and its effect under this Part of this Act, the [F1public gas transporter]shall pay to him compensation equal to the amount of the depreciation so far as directly attributable to those causes.
Textual Amendments
F1Words in Pt. II (ss. 4-28) substituted (1.3.1996) by 1995 c. 45, s. 16(1), Sch. 4 para. 7(1); S.I. 1996/218, art. 2