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Compulsory Purchase Act 1965

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This is the original version (as it was originally enacted).

27Acquiring authority to make good deficiencies in rates

(1)This section shall not apply—

(a)in any case in which the compulsory purchase order so provides; or

(b)where this Part of this Act applies to an acquisition of land under the Housing Act 1957.

(2)When the acquiring authority becomes possessed by virtue of this Act of any land which is liable to be assessed to rates, they shall from time to time, until the works are completed and assessed to rates, be liable to make good the deficiency in the several assessments for rates by reason of the land having been taken or used for the purposes of the works.

(3)Subject to the next following subsection, the deficiency shall be computed according to the rental at which the land, with any building thereon, was valued or rated at the time when the compulsory purchase order became operative.

(4)If the land is situated in a rating area which is a county borough, non-county borough or urban district or a rating area in Greater London, the amount required to be made good by the acquiring authority shall be one half of the deficiency in the several assessments to rates.

(5)The assessment on which any payment made by the acquiring authority under this section is based shall be inserted in the valuation list and any such payments shall be taken into account for the purpose of ascertaining the proceeds of any rate.

(6)The acquiring authority shall on demand pay all such deficiencies to the collector.

(7)In this section "rate" means the general rate and, in relation to the City of London includes a reference to a poor rate and, in relation to the Temples, shall be construed as a reference to any rate in the nature of a general rate levied for the Inner Temple or the Middle Temple, as the case may be.

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