OpenLegislation

Paragraph 8

Original text. Later amendments are not shown.

The surveyor’s opinion as to—

(a)

the current value of the relevant land having regard to its current state of repair and current circumstances (such as the presence of a tenant who enjoys statutory protection) or, where the proposed disposition is a lease, the rent which could be obtained under it having regard to such matters;

(b)

what the value of the relevant land or what the rent under the proposed disposition would be—

(i)

where he has given advice under paragraph 4 above, if that advice is followed; or

(ii)

where he has expressed an opinion under paragraph 5 above, if that opinion is acted upon; or

(iii)

if both that advice is followed and that opinion is acted upon;

(c)

where he has made a recommendation under paragraph 6(a) above, the increase in the value of the relevant land or rent in respect of it if the recommendation were followed;

(d)

where his advice is that it would not be in the best interests of the charity to advertise the proposed disposition because he believes a higher price can be obtained by not doing so, the amount by which that price exceeds the price that could be obtained if the proposed disposition were advertised; and

(e)

where he has advised a delay in the proposed disposition under paragraph 6(d) above, the amount by which he believes the price which could be obtained consequent on such a delay exceeds the price that could be obtained without it.