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Fourth Schedule—(Provisions Relating To Compensation Under Part Iii)

Volume 437: debated on Tuesday 13 May 1947

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I beg to move, in page 117, line 33, to leave out paragraphs i and 2, and to insert:

"1. For the purpose of assessing any compensation payable by virtue of a decision or order under Section eighteen or Section twenty-four of this Act, being compensation in respect of the diminution in value of any interest in land, Section two of the Acquisition of Land (Assessment of Compensation) Act, 1919, (which prescribes rules for the assessment of compensation by an official arbitrator), shall, so far as applicable and subject to any necessary modifications, have effect as it has effect for the purpose of assessing compensation for the compulsory acquisition of land."
This Amendment and the next Amendment, are rendered necessary as a result of the conversion of 1939 values set out in paragraphs I and 2 of the Schedule to the current market values.

Amendment agreed to.

Further Amendment made: In page 118, line 18, leave out from "omitted," to the end of line 29.—[ Mr. Silkin.]

Schedule, as amended, agreed to.