(1)Where an application to buy a tenant’s interest does not relate to the entire tenanted land, any resultant question as to the allocation—
(a)as between the tenant and the Part 5 community body or the third party purchaser of rents payable or receivable, or
(b)as between them of rights and obligations generally,
is to be determined by the valuer when, in pursuance of an appointment under section 65(1), the valuer assesses the value of the interest of the tenant.
(2)Any determination under subsection (1) is to be such as the valuer considers equitable in all the circumstances.
(3)Where a determination is made under subsection (1) the valuer must, within the period specified in section 65(14), notify—
(a)the Part 5 community body,
(b)where the application nominates a third party purchaser, the third party purchaser, and
(c)the tenant.