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5. The modifications referred to in paragraph 4(a) are as follows—
(a)References in the 1965 Act to land are, in the appropriate contexts, to be read (according to the requirements of the particular context) as referring to, or as including references to—
(i)the right acquired or to be acquired, or the restrictive covenant imposed or to be imposed; or
(ii)the land over which the right is or is to be exercisable, or the restrictive covenant is or is to be enforceable.
(b)For section 7 of the 1965 Act (measure of compensation in case of severance) there is substituted the following section—
“7. In assessing the compensation to be paid by the acquiring authority under this Act, regard must be had not only to the extent (if any) to which the value of the land over which the right is to be acquired or the restrictive covenant is to be imposed is depreciated by the acquisition of the right or the imposition of the covenant but also to the damage (if any) to be sustained by the owner of the land by reason of its severance from other land of the owner, or injuriously affecting that other land by the exercise of the powers conferred by this or the special Act.”.
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