21 Terminal compensation.E+W+S
(1)Where a compulsory rights order comprises the whole or part of a holding to which this section applies, the provisions of this and the two next following sections shall have effect as to compensation payable by the [F1Corporation] in respect of that holding.
(2)Subsection (2) of section seventeen of this Act shall have effect in relation to this section as it has effect in relation to that section, and references to a holding to which this section applies shall be construed accordingly.
(3)Compensation payable in respect of a holding under the provisions referred to in subsection (1) of this section shall consist of either or both of the following, that is to say—
(a)compensation by way of payment of cost of works, and
(b)compensation by reference to the diminution in value of the holding.
Textual Amendments
F1Word in s. 21(1) substituted by 1987 c. 3, s. 1(2), Sch. 1 para. 7(c)