xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

FIRST SCHEDULEModification of provisions of principal Act as to development value

Modification in certain cases where land acquired by public authority

3Where after the notice to treat was served or the contract made, as the case may be, the Minister issued in respect of the relevant land or any part thereof a certificate under section eighty of the principal Act (which, as respects land certified as ripe for development before the said first day of July, provides that the prospective value of the development for which the land was ripe shall be disregarded), the development value of the relevant interest shall be determined as if the certificate had not been issued.