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- Original (As enacted)
This is the original version (as it was originally enacted).
(1)The seller or the tenant may appeal to the Lands Tribunal against the valuation carried out under section 34.
(2)An appeal under this section must state the grounds on which it is being made and must be lodged within 21 days of the date of the notice under section 36(4).
(3)In an appeal under this section, the Lands Tribunal may—
(a)reassess any value of the land (and any factor affecting the value) or of an estate (and how any reduction in the value of an estate is to be apportioned); and
(b)for the purposes of section 32(2)(b)(ii), determine the price.
(4)The valuer whose valuation is appealed against may be a witness in the appeal proceedings.
(5)In the appeal proceedings, in addition to the seller and the tenant, the following persons are entitled to be heard—
(a)where the seller is—
(i)a creditor in a standard security, the owner of the land; and
(ii)the owner of the land, any creditor in a standard security over the land or any part of it; and
(b)where the land forms part of an estate—
(i)any creditor in a standard security over; and
(ii)any tenant of,
any other land forming part of the estate.
(6)The Lands Tribunal is to give reasons for its decision on an appeal under this section and is to issue a written statement of these reasons.
(7)The decision of the Lands Tribunal in an appeal under this section is final.
(8)In this section and section 38, “the Lands Tribunal” means the Lands Tribunal for Scotland.
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Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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