Section 75 Compensation where reversionary estate in holding is severed.
England and Wales
Where the reversionary estate in an agricultural holding is for the time being vested in more than one person in several parts, the tenant shall be entitled, on quitting the entire holding, to require that any compensation payable to him under this Act shall be determined as if the reversionary estate were not so severed.
Where subsection (1) above applies, the arbitrator F1or (as the case may be) the third party shall, where necessary, apportion the amount awarded F2or determined by third party determination between the persons who for the purposes of this Act together constitute the landlord of the holding, and any additional costs of the awardF3or determination caused by the apportionment shall be directed by the arbitratorF4or third party to be paid by those persons in such proportions as he shall determine.
Annotations
Textual amendments
- F1
Words in s. 75(2) inserted (26.3.2015 for specified purposes, 26.5.2015 in so far as not already in force) by Deregulation Act 2015 (c. 20), s. 115(2)(e)(3)(a), Sch. 4 para. 18(a)
- F2
Words in s. 75(2) inserted (26.3.2015 for specified purposes, 26.5.2015 in so far as not already in force) by Deregulation Act 2015 (c. 20), s. 115(2)(e)(3)(a), Sch. 4 para. 18(b)
- F3
Words in s. 75(2) inserted (26.3.2015 for specified purposes, 26.5.2015 in so far as not already in force) by Deregulation Act 2015 (c. 20), s. 115(2)(e)(3)(a), Sch. 4 para. 18(c)
- F4
Words in s. 75(2) inserted (26.3.2015 for specified purposes, 26.5.2015 in so far as not already in force) by Deregulation Act 2015 (c. 20), s. 115(2)(e)(3)(a), Sch. 4 para. 18(d)
Notes on Part V
Modifications
- C1
Pts. III–VI (ss. 25–82) excluded by Housing Act 1988 (c. 50, SIF 61), s. 101