Paragraph 6

England, Wales and Scotland

The person having the right to receive compensation under section 3(4) of this Act in respect of a retained interest to which an acceptance notice relates shall be the person on whom that notice was served, notwithstanding that he may not own the retained interest at the time when the compensation becomes payable and, accordingly, that right shall devolve on his death and may be assigned in like manner as the right of a creditor under an unsecured debt.

Notes on the whole Act

Textual amendments

F1: In this Act, for the words “Board” and “Board's” wherever they occur (except in ss. 1(4), 2(5), (6), (8), paras. 2(a) and 3(c) of Sch. 1 and in the first place they occur in s. 3(8)) there is substituted the words “Corporation” and “Corporation's” by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(2), Sch. 1 para. 28(2)

Notes on Schedule 2

Textual amendments

F1: Sch. 2 repealed (31.10.1994) by 1994 c. 21, s. 67 Sch. 11 Pt. II (with ss. 40(7), 49, 66 and with savings in Sch. 7 para. 12(1)(b)(3)); S.I. 1994/2553, art. 2