232 Taking account of planning permission when assessing compensation
Localism Act 2011 (2011 c 20) | Legislation

Part 9 Compensation for Compulsory Acquisition

232  Taking account of planning permission when assessing compensation

(1)     The Land Compensation Act 1961 is amended as follows.

(2)     For sections 14 to 16 (assumptions as to planning permission) substitute—

“14 Taking account of actual or prospective planning permission

(1)     This section is about assessing the value of land in accordance with rule (2) in section 5 for the purpose of assessing compensation in respect of a compulsory acquisition of an interest in land.

(2)     In consequence of that rule, account may be taken—

(a)     of planning permission, whether for development on the relevant land or other land, if it is in force at the relevant valuation date, and

(b)     of the prospect, on the assumptions set out in subsection (5) but otherwise in the circumstances known to the market at the relevant valuation date, of planning permission being granted on or after that date for development, on the relevant land or other land, other than—

(i)     development for which planning permission is in force at the relevant valuation date, and

(ii)     appropriate alternative development.

(3)     In addition, it may be assumed—

(a)     that planning permission is in force at the relevant

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