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PART I F1N.I.DEVELOPMENT VALUE OF LAND

F1rep. with saving by 2001 c. 2 (NI)

1F2Development value of land.N.I.

For the purposes of this Part, land shall, subject to section 3(8), be taken to have a development value where the unrestricted value of that land exceeds the restricted value of that land; and subject to this Part, any reference in this Part to the development value of any land is a reference to the amount of that excess.

F2rep. with saving by 2001 c. 2 (NI)