SCHEDULE 8Modification of compensation and compulsory purchase enactments for creation of new rights and restrictive covenants

Application of the 1965 Act

4.  For section 7 of the 1965 Act (measure of compensation) there shall be substituted the following section—

7.  In assessing the compensation to be paid by the acquiring authority under this Act, regard shall be had not only to the extent (if any) to which the value of the land over which the right is to be acquired or the restrictive covenant is to be imposed is depreciated by the acquisition of the right or the imposition of the covenant but also to the damage (if any) to be sustained by the owner of the land by reason of its severance from other land of the owner, or injuriously affecting that other land by the exercise of the powers conferred by this or the special Act..