# Planning (Wales) Act 2026, Paragraph 1: Introduction and key terms

Extent: E+W
Status: prospective

(1) This Schedule applies where compensation becomes payable by a planning authority under section 105 or 106 that includes compensation for depreciation of more than £20.
(2) In this Schedule—
(a) “compensation for depreciation” means compensation for loss or damage consisting of depreciation of the value of an interest in land;
(b) “interest in land” means a freehold interest or the interest of a tenant under a lease (and does not include any other interest in land);
(c) “compensation notice” has the meaning given by paragraph 3(2);
(d) “registered”, in relation to a compensation notice, means registered in the local land charges register kept under section 3 of the Local Land Charges Act 1975 (c. 76).

---
Source: https://www.legislation.gov.uk/asc/2026/6/schedule/10/paragraph/1 (the official version)
Page: https://openlegislation.uk/planning-wales-act-2026/schedule-10/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.