(1)Section 31 of the Land Compensation Act 1961 (withdrawal of notices to treat) is amended in accordance with subsections (2) and (3).
(2)After subsection (3) insert—
“(3A)Where the acquiring authority withdraw a notice to treat under this section, the authority shall also be liable to pay a person compensation for any loss or expenses occasioned by the person as a result of the giving and withdrawal of the notice to treat if the person—
(a)acquired the interest to which the notice to treat relates before its withdrawal, and
(b)has not subsequently been given a notice to treat in relation to that interest.”
(3)In subsection (4), after “(3)” insert “or (3A)”.
(4)In Schedule 18 to the Planning and Compensation Act 1991 (provisions under which compensation is payable with interest), in Part 1, in the entry relating to the Land Compensation Act 1961, after “section 31(3)” insert “or (3A)”.