ABSTRACT

The statutory enactment of a valuation date in section 5A of the Land Compensation Act 1961 would not appear to apply to compensation assessment under section 20 of the 1965 Act. However, the position appears to be the same anyway, and section 5A does refer to the assessment of compensation under rule of section 5 of the 1961 Act, a provision that probably does apply to the value of the unexpired term or interest under section 20. However, it is by no means clear that the statutory rules for the assessment of compensation, now in the Land Compensation Act 1961, apply to the valuation of a short tenancy. The owner of a leasehold interest, served with a notice to treat, is entitled to compensation for the value of his interest; compensation for severance and injurious affection; and compensation for disturbance. The compulsory acquisition of the reversionary interest to a lease may cause special problems.