107 Occupier's loss payment
Planning and Compulsory Purchase Act 2004 (2004 c 5) | Legislation

107  Occupier's loss payment

(1)     After section 33A of the Land Compensation Act 1973 (inserted by section 106 of this Act) there are inserted the following sections—

“33B Occupier's loss payment: agricultural land

(1)     This section applies to a person if—

(a)     he has a qualifying interest in land for the purposes of section 33A,

(b)     the land is agricultural land,

(c)     the interest is acquired compulsorily, and

(d)     he occupied the land for the period specified in section 33A(4).

(2)     A person to whom this section applies is entitled to a payment of whichever is the greatest of the following amounts—

(a)     2.5% of the value of his interest;

(b)     the land amount;

(c)     the buildings amount.

(3)     But the maximum amount which may be paid to a person under this section in respect of an interest in land is £25,000.

(4)     A payment under this section must be made by the acquiring authority.

(5)     The value of an interest is its value for the purpose of deciding the amount of compensation payable in respect of the acquisition; but this is subject to subsections (6) and (7).

(6)     If an interest consists partly of a dwelling

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