[F1(aa)a National Park authority;]

(b)statutory undertakers as defined in [F2section 336(1) of the Town and Country Planning Act 1990] or [F3section 214 of the Town and Country Planning (Scotland) Act 1997],

(c)any body corporate which is established by or under any enactment for the purpose of carrying on under national ownership any industry or part of an industry or undertaking and whose affairs are managed by the members thereof,

(d)the National Trust,

F4(e). . .

[F5(f)United Kingdom Research and Innovation,]

[F6(g)the Environment Agency, the Natural Resources Body for Wales or any water undertaker or sewerage undertaker;]

[F7(h) an internal drainage board F8 . . . ]

In this subsection the “ National Trust ” means in relation to Scotland the National Trust for Scotland for Places of Historic Interest or Natural Beauty incorporated by the Order confirmed by the M1National Trust for Scotland Order Confirmation Act 1935; F9. . .

(4) The last foregoing section shall not apply to a transfer by an individual to a member of his family or to the trustees of a settlement exclusively for the benefit of members of his family, and in this subsection “ family ” means the individual’s husband or wife, any lineal descendant or ancestor of his, and his brother and sister and any child of a brother or sister, and in deducing any such relationship an adopted child shall be treated as a child and any relationship of the half blood shall be treated as a relationship of the whole blood.

(5)The last foregoing section shall not apply to a transfer of land effected in pursuance of a contract of sale concluded before the land came to be in the area of the Board or, if the order establishing the Board so provides, before the expiry of such period not exceeding three months from the date on which it is established as may be specified in the order.

(6)The last foregoing section shall not apply—

(a)to a transfer to give effect to the devolution of land on death or bankruptcy or sequestration or under the terms of a settlement, or

(b)to a transfer in exercise of the rights conferred on a mortgagee heritable creditor or chargee by a mortgage heritable security or charge created before the relevant land came to be in the area of the Board.

(7)If land is transferred in contravention of subsection (1) of the last foregoing section the Board shall be deemed to be authorised to acquire all the estate and interest of the transferor in the land transferred (whether in his hands, or in the hands of persons deriving title under him) by a compulsory purchase order, but any notice to treat given in pursuance of this subsection shall be served within six years from the date of transfer.

“Compulsory purchase order” has the same meaning as in section 49(7) of this Act, and [F10 Part IV of the Acquisition of Land Act 1981] and Part IV of Schedule 1 to the M2 Acquisition of Land (Authorisation Procedure) (Scotland) Act 1947 (validity of compulsory purchase orders) shall apply in relation to any notice to treat served in pursuance of this subsection as they apply in relation to a compulsory purchase order.

(8) In assessing compensation in accordance with section 5 of the M3 Land Compensation Act 1961 or section 12 of the M4 Land Compensation (Scotland) Act 1963 (which relate to compulsory purchases of land) no account shall be taken of any depreciation of the value of the relevant interest which is attributable to the provisions of the last foregoing section and this section.

(9)Failure to obtain consent under subsection (1) of the last foregoing section to any transaction shall not invalidate that transaction.