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Town and Country Planning (Scotland) Act 1954
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- UK Public General Acts
- 1954 c. 73
- PART VI
- Section 65
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65General provisions as to calculation of value
In calculating value for any of the purposes of this Act—
(a)Rules (2) to (4) of the Rules set out in section two of the Acquisition of Land (Assessment of Compensation) Act, 1919, shall apply with the necessary modifications;
(b)if the interest to be valued is subject to a heritable security, it shall be treated as if it were not subject to the security:
Provided that Rule (3) of those Rules shall not apply for the purposes of the Fourth Schedule to this Act, and paragraph (b) of this section shall not apply for the purposes of subsection (3) of section six of this Act, and that the value of an interest, as calculated for the purposes of section twenty-six of this Act, or of that section as applied by section forty-five of this Act, may be a minus quantity.
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