16.—(1) The provisions of section 140(1) of the Act as to the reduction or extinguishment of the unexpended balance of established development value shall apply in a case where a contribution is paid under section 167 of the Act as they apply where compensation under Part VII of the Act becomes payable in respect of the depreciation of the value of an interest in land by a planning decision and as if the revocation or modification were such a decision.
(2) Where an amount becomes recoverable under section 160(6) as applied by section 168 of the Act, section 161 shall apply as if—
(a)the reference to compensation specified in a compensation notice were a reference to compensation for depreciation specified in the notice under section 166;
(b)the reference to section 160 were a reference to subsection (2) of that section as applied by section 168; and
(c)the reference to the compensation attributable to the land were a reference to the Secretary of State's contribution attributable to the land.