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Planning and Compensation Act 1991
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20In section 176 (special provisions as to compensation where purchase notice served)—
(a)in subsection (2), for “existing use value" there is substituted “ Schedule 6 value ”; and
(b)in subsection (5), for the definition of “existing use value" there is substituted—
““Schedule 6 value”, in relation to such an interest, means the value of that interest calculated on the assumption that planning permission would be granted—
(a)subject to the conditions set out in Schedule 16, for any development of a class specified in paragraph 1 of Schedule 6; and
(b)for any development of a class specified in paragraph 2 of Schedule 6.”
Commencement Information
I1Sch. 12 para. 20 wholly in force at 25.9.1991, see s. 84(2)(3) and S.I. 1991/2092, art. 3
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