Local Government, Planning and Land Act 1980

6 (1) In Schedule 2 to the [1961 c. 33.] Land Compensation Act 1961 (acquisition of houses as being unfit for human habitation), at the end of paragraph 2(1) there shall be added “or

(j) an acquisition by the Land Authority for Wales under section 104 of the Local Government, Planning and Land Act 1980;

(k) an acquisition by means of an order under section 141 of that Act vesting land in an urban development corporation ;

(l) an acquisition by such a corporation under section 142 of that Act;”

(2) In paragraph 3(3), for the word "For" there shall be substituted the words " Subject to sub-paragraphs (3A) to (3C) below, for ".

(3) The following sub-paragraphs shall be inserted after that subparagraph:—

“(3A) For the purposes of this paragraph the gross value of a dwelling whose rateable value is by virtue of subsection (1) of section 19 of the General Rate Act 1967 to be taken to be its net annual value ascertained in accordance with subsections (2) to (4) of that section is the corresponding gross value.

(3B) In sub-paragraph (3A) above " the corresponding gross value " means a gross value which would be equivalent to the net annual value of the dwelling as shown in the valuation list if there were deducted any amount that by virtue of an order made or falling to be treated as made under subsection (2) of section 19 of the General Rate Act 1967 would be deducted from the gross value of the dwelling if it had been required to be assessed to its gross value instead of its net annual value.

(3C) If more than one value is ascertained under subparagraph (3B) above to be the corresponding gross value of the dwelling, the highest value so ascertained shall be taken to be the corresponding gross value for the purposes of this paragraph.”.