Explanatory note

These regulations, which amend the Agriculture (Calculation of Value for Compensation) Regulations 1978, substitute new Tables 2, 3, 4, 5(a), 5(b), 5(c), 5(d), 5(e), 5(f), 5(g), 5(h) and 5(j) for calculating the compensation payable in respect of the residual manurial value of purchased manure and fertiliser and in respect of unexhausted manurial values of feeding stuffs; these regulations also increase the maximum amount attributable to acclimatisation, hefting or settlement of hill sheep on hill land, and provide for an increase in values used in the calculation of compensation for residual sod fertility. These regulations take effect in relation to claims for compensation payable to the outgoing tenant of an agricultural holding arising under the provisions of the Agricultural Holdings Act 1948 in the case of tenancies which terminate on or after 1st July 1980.