Regulation 14 Proposal for contribution
Where the Secretary of State proposes to pay a contribution under section 167 of the Act, he shall prepare a statement of the amount of the contribution showing the manner in which such amount has been ascertained.
The Secretary of State shall send a copy of the said statement to any person appearing to him to have an interest in land to which the proposal relates or an interest which is substantially affected by an apportionment involved in the proposal.
The Secretary of State shall also send a copy of the said statement to every other person who appears to him to be substantially affected by the reduction or extinguishment, as the case may be, of the unexpended balance of established development value of that land.
Any person to whom a copy of the said statement has been sent may within 30 days thereafter give notice in writing to the Secretary of State that he objects to the proposal and shall specify whether his objection is made on the grounds—
that compensation would not have been payable under Part VII of the Act or Part II or Part V of the Act of 1954 or Part VI of the Act of 1962, as the case may be; or
that the amount of the compensation would have been less than the amount of the proposed contribution;
and the Secretary of State shall consider such objection.
As soon as may be after giving effect to the preceding provisions of this regulation, the Secretary of State shall determine the amount of the contribution (if any) to be made, and shall serve notice in writing upon every person to whom a copy of the said statement was sent.