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Clause 54—(Ascertainment Of Development Values Of Land)

Volume 437: debated on Wednesday 14 May 1947

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Amendments made: In page 6o, line 11, leave out "Provided that," and insert "(3)."

In line 16, at end, insert:

"(3) Where any permission to develop land granted on an application made in that behalf under an interim development order has been revoked or modified before the appointed day under Section four of the Town and Country Planning (Interim Development) Act, 5943, the unrestricted value of any interest in that land shall be calculated without regard to the revocation or modification of that permission.
Provided that—
  • (a) in calculating the unrestricted value of the interest no account shall be taken of any works in respect of which any compensation has been paid under Subsection (2) of Section seven of the said Act; and
  • (b) if any contribution has been paid under Subsection (4) of the said Section four to the owner of the interest or his predecessor in title, the amount of that contribution shall be deducted from the unrestricted value of the interest."
  • In line 47, leave out lines 47 to 49.— [ Mr. Silkin.]