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Part VIS Additional Payments

54 Additional payments to tenants quitting holdings.S

(1)Where compensation for disturbance in respect of an agricultural holding or part of such a holding becomes payable—

(a)to a tenant, under this Act; or

(b)to a statutory small tenant, under section 13 of the 1931 Act;

subject to this Part of this Act, there shall be payable by the landlord to the tenant, in addition to the compensation, a sum to assist in the reorganisation of the tenant’s affairs of the amount referred to in subsection (2) below.

(2)The sum payable under subsection (1) above shall be equal to 4 times the annual rent of the holding or, in the case of part of a holding, 4 times the appropriate portion of that rent, at the rate at which the rent was payable immediately before the termination of the tenancy.