OpenLegislation

Section 18 Interest on compensation.

C1(1)

Compensation under this Part of this Act shall carry interest, at the rate for the time being prescribed under section 32 of the M1Land Compensation Act 1961, from—

(a)

the date of service of the notice of claim; or

(b)

if that date is before F1the first claim day, from the first claim day,

until payment.

(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

Annotations

Textual amendments

F1

Words substituted by Local Government, Planning and Land Act 1980 (c. 65), s. 112(4)(9) except in cases where the relevant date was more than 3 years before 13.11.1980

F2

Ss. 18(2), 19(4) repealed by Land Compensation (Scotland) Act 1973 (c. 56), Sch. 2 Pt. I

Marginal citations

M1

1961 c. 33.

Modifications

C1

S. 18(1) modified by Local Government, Planning and Land Act 1980 (c. 65), s. 113(9)

Notes on Part I

Modifications

C1

Pt. 1 (ss. 1–19) modified by Channel Tunnel Act 1987 (c. 53, SIF 102), ss. 6, 45, Sch. 2 Pt. III para. 27(1), Sch. 7 Pt. VI para. 2

C2

Pt. 1 amended by Local Government, Planning and Land Act 1980 (c. 65), s. 113

C3

Pt. 1 applied (with modifications) (1.3.2010) by Planning Act 2008 (c. 29), ss. 152(7), 241(8) (with s. 226); S.I. 2010/101, art. 3(h) (with art. 6)

C4

Pt. 1 applied (with modifications) (15.12.2025) by Infrastructure (Wales) Act 2024 (asc 3), ss. 101(7), 147(2) (with s. 84(5)); S.I. 2025/698, art. 3(h)