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LAND DEVELOPMENT VALUES (COMPENSATION) ACT (NORTHERN IRELAND) 1965 - SECT 25

Compensation where planning permission is revoked or modified.

25.(1) Where an amount has become repayable under section 24 in respect of any
compensation paid under this Part, subsection (2) shall have effect for the
purpose of determining any question as to the balance of development value of
any land at any subsequent time.

(2) Except where, and to the extent that, payment of the amount mentioned in
subsection (1) has been remitted under section 24(6), so much, if any, of the
compensation paid under this Part as is attributable to the land in question
shall, for the purpose mentioned in subsection (1), be treated as not having
become payable, and accordingly (notwithstanding anything in section 9) shall
not be deducted from the balance of development value of that land.

Registration and apportionment of compensation for depreciation.



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© 1965 Crown Copyright

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