(1)No person shall carry out any new development to which this section applies, on land in respect of which a notice (“a compensation notice”) is registered under section 132, until any amount which is recoverable under this section in accordance with section 134 in respect of the compensation specified in the notice has been paid or secured to the satisfaction of the Secretary of State.
(2)Subject to subsections (3) and (4), this section applies to any new development—
(a)which is development of a residential, commercial or industrial character and consists wholly or mainly of the construction of houses, flats, shop or office premises, or industrial buildings (including warehouses), or any combination of them; or
(b)which consists in the winning and working of minerals; or
(c)to which, having regard to the probable value of the development, it is in the opinion of the Secretary of State reasonable that this section should apply.
(3)This section shall not apply to any development by virtue of subsection (2)(c) if, on an application made to him for the purpose, the Secretary of State has certified that, having regard to the probable value of the development, it is not in his opinion reasonable that this section should apply to it.
(4)Where the compensation specified in the compensation notice became payable in respect of the imposition of conditions on the granting of permission to develop land, this section shall not apply to the development for which that permission was granted.