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Land Compensation Act 1973
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Changes to legislation:
Land Compensation Act 1973, Section 47 is up to date with all changes known to be in force on or before 01 June 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
- Act modified by S.I. 2020/1297 Sch. 5 para. 3 (This amendment not applied to legislation.gov.uk. S.I. 2020/1297 was withdrawn following a request from the Department of Transport dated 9th August 2021 which followed the decision of the High Court of Justice to quash this Order in the judgement dated 2nd August 2021 (High Court of Justice — Planning Court — The Queen (on the application of Save Stonehenge World Heritage Site) v. Secretary of State for Transport — Case No. CO/4844/2020))
- Act modified by S.I. 2021/51 Sch. 6 para. 3 (This amendment not applied to legislation.gov.uk. S.I. 2021/51 removed from the website by request from the Department of Transport dated 12th July 2021 which followed the decision of the High Court of Justice to quash these Regulations in the judgement dated 8th July 2021 (High Court of Justice — Planning Court — The Queen (on the application of Mair Bain) v. Secretary of State for Transport — Case No. CO/642/2021).)
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- s. 12A(9)(b)(c) substituted for s. 12A(9)(b) by 2002 c. 15 Sch. 8 para. 1(4)
- s. 52A(2B) inserted by 2016 c. 22 s. 196(2)(b)
- s. 52A(2B) words substituted by 2017 c. 20 s. 39
[F147 Compensation in respect of land subject to business tenancyE+W
(1)This section applies where—
(a)in pursuance of an enactment providing for the acquisition or taking of possession of land compulsorily an acquiring authority—
(i)acquires the interest of the landlord in land subject to a tenancy, or
(ii)acquires the interest of the tenant in, or takes possession of, land subject to a tenancy, and
(b)before the authority acquired the interest or took possession of the land, the tenant under the tenancy was carrying on a trade or business on the land.
(2)The principles in subsections (3) and (4) are to be applied in assessing the compensation payable by the authority to the landlord or the tenant in respect of the acquisition of the interest in or the taking of possession of the land or, as the case may be, under section 121 of the Lands Clauses Consolidation Act 1845 or section 20 of the Compulsory Purchase Act 1965 (tenants from year to year etc).
(3)Regard must be had to—
(a)the likelihood of the continuation or renewal of the tenancy,
(b)in the case of a tenancy to which Part 2 of the Landlord and Tenant Act 1954 (security of tenure for business tenants) applies, the right of the tenant to apply for the grant of a new tenancy,
(c)the total period for which the tenancy may reasonably have been expected to continue, including after any renewal, and
(d)the terms and conditions on which a tenancy may reasonably have been expected to be renewed or continued.
(4)It is to be assumed that neither the acquiring authority nor any other authority possessing compulsory purchase powers have acquired or propose to acquire any interest in the land.]
Textual Amendments
F1S. 47 substituted (22.9.2017) by Neighbourhood Planning Act 2017 (c. 20), ss. 35, 46(1); S.I. 2017/936, reg. 3(e) (with reg. 4)
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