Section 37Part 5 — Acquisition and Disposal of Land for Planning Purposes
Amendment of section 21 of the Land Acquisition Act (1995 Revision) for the purpose of this Act
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For the purposes of determination of compensation for the compulsory acquisition of land under this Act, the Land Acquisition Act (1995 Revision) shall be construed as if there were substituted for paragraph (a) of section 21 the following —
the amount which the land might have been expected to realise if, in the condition in which it was at the date of notification of intention of appropriation, either in a development plan or otherwise, it had been sold in the open market by a willing seller at a date not less than twelve months prior to that date..
Cross References
- Section 21 of Land Acquisition Act
Land Acquisition Act (1995 Revision), section 21, paragraph (a)