Statutory provisions
13. Section 5 of the Land Compensation Act 1961 provides, where relevant to this reference:“5. Rules for assessing compensationCompensation in respect of any compulsory purchase shall be assessed in accordance with the following rules: (1) …(2) The value of the land shall, subject as hereinafter provided, be taken to be the amount by which the land if sold in the open market by a willing seller might be expected to realise;(3) – (5) …(6) The provisions of rule (2) shall not affect the assessment of compensation for disturbance or any other matter not directly based on the value of the land; …”14. Section 33(A) of the Land Compensation Act 1973 provides:“
- Royal Courts of Justice, London WC2A 2LL
- Introduction
- Facts
- Issues
- Statutory provisions
- Basic Loss Payment
- Preliminary
- The evidence
- £19,040.00
- Disturbance to Investment Owners
- I believe I am aware of the CPO process and the rules governing the Council acquisition of the property
- pending the final figure being resolved via negotiated agreement or via the Tribunal Process
- £6,250
- £ 10,000.00
- £ 59,587.50
- ADDENDUM ON COSTS
- £ 406.00
- £3,192.80