SCHEDULES

SCHEDULE 12Unexpended Balance of Established Development Value

General provision for continuance of original unexpended balance

12

Where in accordance with paragraph 2 land had an original unexpended balance of established development value, then, subject to the following provisions of this Schedule (except for paragraphs 15 and 17) and to sections 120 to 136, that land shall be taken—

a

to have continued to have that balance until the commencement of this Act; and

b

to continue to have that balance at all times after that commencement.