Section 1 Development value of land.F1
For the purposes of this Part, land shall, subject to section 3(8), be taken to have a development value where the unrestricted value of that land exceeds the restricted value of that land; and subject to this Part, any reference in this Part to the development value of any land is a reference to the amount of that excess.
Annotations
Textual amendments
- F1
rep. with saving by 2001 c. 2 (NI)
Notes on Part I
Textual amendments
- F1
rep. with saving by 2001 c. 2 (NI)