Section 16 Disregard of depreciation due to prospect of acquisition by authority possessing compulsory purchase powers.
No account shall be taken of any depreciation of the value of the relevant interest which is attributable to the fact that (whether by way of . . . F1 allocation or other particulars contained in the current development plan, or by any other means) an indication has been given that the relevant land is, or is likely, to be acquired by an authority possessing compulsory purchase powers.
Annotations
Textual amendments
- F1
Word repealed by Town and Country Planning (Scotland) Act 1969 (c. 30), Sch. 11.
Notes on Part III
Modifications
- C1
Part III (ss. 12-24) applied (16.1.1995) by 1995 c. i, s. 27(1) (with s. 34)
Part III (ss. 12-24) applied (14.6.2000) 2000 c. Vi, ss. 1, Sch. ss. 3(2), 5(2) (with Sch. hbss. 3(1), 4, 6(2))
- C2
Pt. III applied (1.4.2017) by The Crown Estate Transfer Scheme 2017 (S.I. 2017/524), art. 1(2), Sch. 4 para. 2(3)