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Town and Country Planning (Scotland) Act 1954
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- UK Public General Acts
- 1954 c. 73
- PART II
- Section 17
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17Unexpended balance of established development value
(1)For the purposes of this Act land shall be taken to have an unexpended balance of established development value immediately after the commencement of this Act if there are then subsisting one or more claim holdings whose area consists of that land, or includes that land together with other land, and there is not then subsisting any claim holding whose area consists of part only of that land, whether with or without other land.
(2)Where subsection (1) of this section applies, there shall be attributed to the land referred to in that subsection—
(a)the value of any claim holding having an area consisting of that land ; and
(b)such fraction of the value of any claim holding whose area includes that land as attaches to that land;
and the unexpended balance of established development value of that land immediately after the commencement of this Act (hereafter in this Act referred to in relation to that land as its "original unexpended balance of established development value ") shall be taken to have been an amount equal to eight-sevenths of the amount or aggregate amount so attributed.
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