103 Assessment of compensation: valuation date
Planning and Compulsory Purchase Act 2004 (2004 c 5) | Legislation

Valuation date

103  Assessment of compensation: valuation date

(1)     The Land Compensation Act 1961 (c 33) is amended as follows.

(2)     After section 5 there is inserted—

“5A Relevant valuation date

(1)     If the value of land is to be assessed in accordance with rule (2) in section 5, the valuation must be made as at the relevant valuation date.

(2)     No adjustment is to be made to the valuation in respect of anything which happens after the relevant valuation date.

(3)     If the land is the subject of a notice to treat, the relevant valuation date is the earlier of—

(a)     the date when the acquiring

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