[F132MNotice of assessmentS
(1)The valuer must, before the expiry of the period mentioned in subsection (2), serve a notice in writing, specifying the matters mentioned in subsection (3), on—
(a)the tenant, and
(b)the landlord.
(2)The period is the period of 8 weeks beginning with—
(a)the date on which the period, within which an application under section 32H(3) may be made, expires, or
(b)where such an application is made, the date of the Land Court's decision on it.
(3)The matters are—
(a)the value, assessed under section 32J(1)(a), of the land to which the holding relates—
(i)if sold with vacant possession, and
(ii)if sold with the tenant still in occupation,
(b)the amount, assessed under section 32J(1)(b), of compensation—
(i)to which the tenant would be entitled in relation to any improvements to the holding,
(ii)to which the tenant would be entitled under section 44,
(iii)to which the landlord would be entitled under section 45 and 45A, and
(c)the amount, calculated in accordance with section 32L, to be payable by the landlord to the tenant as compensation were the landlord to accept the tenant's notice of intention to relinquish.
(4)The notice must also—
(a)be dated,
(b)state the date of valuation of each of the values and amounts mentioned in subsection (3), and
(c)set out how the valuer arrived at each of those values and amounts.
(5)The notice may also contain or be accompanied by any other information that the valuer considers appropriate.
(6)A notice served under subsection (1) is a “notice of assessment”.
(7)The valuer must, at the same time as serving a notice of assessment, send a copy of the notice to the Tenant Farming Commissioner.]
Textual Amendments
F1Pt. 3A inserted (23.12.2016 for specified purposes, 28.2.2021 in so far as not already in force) by Land Reform (Scotland) Act 2016 (asp 18), ss. 110(2), 130(1) (with s. 128); S.S.I. 2016/365, reg. 2; S.S.I. 2020/428, reg. 2