Abolition of Feudal Tenure etc. (Scotland) Act 2000

51Compensation for expectancy or interest of apparent or other nearest heir in an entailed estate

This section has no associated Explanatory Notes

(1)Where, immediately before the appointed day—

(a)land is held under an entail; and

(b)the consent of a person who is an apparent or other nearest heir is required to any petition for authority of the court for the purpose of presenting an instrument of disentail,

the valuation of any expectancy or interest of the person, which on his refusal to give such consent would fall, before the appointed day, to be ascertained under section 13 of the Entail (Scotland) Act 1882 (c. 53) may, within two years after the appointed day, be referred by him to, and determined by, the Lands Tribunal.

(2)The Tribunal shall direct that any sum ascertained by them in a valuation by virtue of subsection (1) above shall be secured on the land, for the benefit of the person, in such manner as they think fit.