SCHEDULES

SCHEDULE 4N.I.PROVISIONS AS TO THE CALCULATION FOR FIXING CONSIDERATION IN RESPECT OF THE MAKING OF ACCESS AGREEMENTS

1.  The district valuer shall value the land covered by the access agreement, as at the first day of the twelve month period to which the consideration will relate, assuming—N.I.

(a)a sale on the open market by a willing seller; and

(b)that the use of the land is unfettered by the access agreement.