Land Development Values (Compensation) Act (Northern Ireland) 1965 (c. 23)

F1 PART II N.I. F2 COMPENSATION FOR PLANNING DECISIONS RESTRICTING NEW DEVELOPMENT

F1 1972 NI 17

F2 rep. with saving by 2001 c. 2 (NI)

N.I. Measure of compensation

25 F3 Amounts repayable in relation to balances of development value. N.I.

(1) Where an amount has become repayable under section 24 in respect of any compensation paid under this Part, subsection (2) shall have effect for the purpose of determining any question as to the balance of development value of any land at any subsequent time.

(2) Except where, and to the extent that, payment of the amount mentioned in subsection (1) has been remitted under section 24(6), so much, if any, of the compensation paid under this Part as is attributable to the land in question shall, for the purpose mentioned in subsection (1), be treated as not having become payable, and accordingly (notwithstanding anything in section 9) shall not be deducted from the balance of development value of that land.

F3 rep. with saving by 2001 c. 2 (NI)