Section 49 Amount of compensation for new improvements.

Scotland

(1)

The amount of any compensation under this Act for a new improvement shall be such sum as fairly represents the value of the improvement to an incoming tenant.

(2)

In the ascertainment of the amount of the compensation payable under this Act for a new improvement there shall be taken into account—

(a)

any benefit which under an agreement in writing the landlord has given or allowed to the tenant in consideration of the tenant carrying out the improvement; and

(b)

any grant out of moneys provided by Parliament which has been or will be made to the tenant in respect of the improvement.

Notes on the whole Act

Textual amendments

F1: Act repealed (25.9.1991) by Agricultural Holdings (Scotland) Act 1991 (c. 55, SIF 2:3), ss. 88(2), 89(2), Sch. 13 Pt.I (with s. 45(3), Sch. 12 paras. 1, 3)
F2: Act repealed (25.9.1991) by Agricultural Holdings (Scotland) Act 1991 (c. 55, SIF 2:3), ss. 88(2), 89(2), Sch. 13 Pt.I (with s. 45(3), Sch. 12 paras. 1, 3)