Section 124: Compensation
520.Subsection (1) provides that the Secretary of State must pay compensation to a person who proves that the value of a relevant interest in land to which that person is entitled is depreciated by the creation of rights by sections 120 (rights in relation to the government pipe-line and storage system), 121 (right of entry) and 125 (right to transfer the government pipe-line and storage system).
521.Subsection (2) defines “relevant interest”.
522.Subsection (3) provides that the amount of compensation is equal to the amount of the depreciation.
523.Subsection (4) provides that if a person proves loss by reason of damage to, or disturbance in the enjoyment of, any land or certain property as a result of the exercise of any right conferred by section 120 (rights in relation to the government pipe-line and storage system) or 121 (right of entry), the person on whose behalf the right was exercised must pay compensation in respect of that loss.
524.Subsection (5) provides that any dispute about entitlement to, or amount of, compensation is to be determined by the Upper Tribunal or, in Scotland, the Lands Tribunal for Scotland.
