Loss and damage for which compensation payable
This section has no associated Executive Note
4. Compensation shall be payable for loss and damage of the following descriptions—
(a)any depreciation in the value of any relevant interest to which the grantor is entitled which results from the grant of the right;
(b)any loss or damage sustained by the grantor which is attributable to the grant of the right or the exercise of it; and
(c)the amount of any valuation and legal costs reasonably incurred by the grantor in granting the right and in the preparation of the application for and the negotiation of the amount of compensation.